Co-operative Housing News

FixtheFormula4Co-ops

Joint Membership News

Ontario launches consultation on regulations that will determine the fate of HSA co-ops at end of their mortgage.

The Ministry of Municipal Affairs and Housing has launched a public consultation on Service Agreement and other regulations under the Housing Services Act (HSA) that will have broad implications on how the community housing system will work in Ontario.

The Service Agreement regulation in particular has the potential to fix the formula for HSA co-ops at the end of mortgage and protect the 21,000 co-op homes at risk.

It’s important that the province hears loud and clear that these co-op homes must be protected.

CHF Canada is developing a guide to help co-ops and members respond to the consultation. The guide will be sent to you in the weeks to come. The deadline to respond to the public consultation 1s February 18, 2022.

New consultation on proposed changes to Co-op Act to permanently allow electronic meetings

On January 4, the province launched a consultation on the proposed changes to the Co-operative Corporations Act that would permanently allow housing co-ops to hold electronic meetings.

During the COVID-19 pandemic, temporary changes were made to the Co-op Act that has allowed co-ops to hold meetings electronically.

Last year, CHF Canada and several co-ops responded to a public consultation on whether the province should make these changes permanent.

The province has posted the specific changes to the Act they are proposing and seeks written feedback by January 21, 2022.

CHF Canada and CHASEO support permanently allowing co-ops to hold electronic meetings. We are reviewing the proposed changes to the Co-op Act and will share our findings with you in the coming weeks.

Any questions, please get in touch with jfournier@chaseo.coop 

Stay Informed

Sign up for the CHASEO e-Newsletter to receive regular updates on emerging issues right to your inbox.


Archives