As part of Canada’s effort to meet the emission reduction goals established at the 2015 Paris Global Climate Conference, a federal carbon tax will take effect on Monday, April 1st, 2019. The tax will take effect in the four Provinces that failed to introduce their own approved carbon pricing systems – Ontario, New Brunswick, Manitoba, and Saskatchewan. Continue reading “Carbon Tax Will Be Implemented In Ontario On April 1st! But How (If At All) Will Your Condominium Be Impacted?”
In an earlier blog post this week, we mentioned that the repeal of the Green Energy Act on January 1, 2019, did away with the requirement for condominiums in Ontario to report their energy and water use.
Well…that was wishful thinking on our part unfortunately! Continue reading “Correction: Although the Green Energy Act is Repealed, Condominium Obligations to Report Energy and Water Use Remain”
In a previous blog, we mentioned that regulations under the Green Energy Act (the “Green Act”) will require some condominiums to report on their building’s energy and water consumption starting in 2019. In addition to this, some condominium corporations may also need to review their rules because of section 4 of the same Act.
Under section 4 of the Green Act, designated goods, services, and technologies meant to promote energy conservation will be allowed at condominiums even if a condominium by-law restricts it.
A new regulation under the Green Energy Act will require condominium corporations in buildings that are at least 50,000 square feet and have more than 10 units to report on their energy and water use.
The timelines are as follows:
• For condominium corporations in buildings that are at least 100,000 square feet, the first report is due on July 1, 2019;
• For condominium corporations in buildings that are at least 50,000 square feet, the first report is due on July 1, 2020.