Unanimous owner agreement is no longer required to wind-up a strata corporation in BC. The new threshold is 80%, as per new law which came into force in July. Owners of a Vancouver condo became the first in BC to dissolve their strata corporation without 100% owner support. Featured in Business in Vancouver, Darren Donnelly discusses this first vote as well as the complexities facing strata corporations considering dissolution. Learn more.
Related Content
The Federal 2021 Budget Commitments to Support Indigenous Communities and Businesses
On April 19, 2021, the Federal Government released the federal budget for 2021/2022 (the “Budget”). After a 2 year hiatus and in response to COVID-19, ... Continued
Don Sihota to present on business succession on January 23
In the next 10 years, it is estimated that more than 75% of business owners in BC will retire. If you’re a business owner over ... Continued
Vedder Transportation Group wins Environmental Leadership Award
Vedder Transportation Group, a commercial trucking company with service areas across North America, won the Green Project Award at the first annual Abbotsford Environmental Leadership ... Continued