Module 2 : Bill 16 – Reserve Fund: Planning, Funding and Implementation
To help you better understand and comply with the new obligations arising from Bill 16, the RGCQ has developed a three-part training series covering the following topics:
- Module 1: The Maintenance Log
- Module 2: The Contingency Fund
- Module 3: The Syndicate's Certificate
A flexible format tailored to your needs! You can register for all three modules for comprehensive training or select only the module(s) that interest you.
Each module requires a separate registration.
The reserve fund has become one of the most important financial planning tools for co-ownership corporations.
Under Bill 16, co-ownership corporations must rely on a professional reserve fund study to properly finance major repairs and preserve the long-term value of their buildings.
This represents a significant shift in co-ownership governance and financial management.
This second module moves beyond legal requirements to focus on practical implementation.
Participants will learn how to establish a compliant reserve fund strategy, collaborate with engineers and technical professionals, and integrate reserve fund recommendations into day-to-day co-ownership management.
Using practical examples, the presenters will demonstrate how to translate technical recommendations into a sustainable financial strategy, gradually adjust common expense contributions and communicate effectively with co-owners about future funding needs.
A live Q&A session will conclude the webinar.
Program:
- Understand Bill 16 requirements for reserve fund studies, including content, update frequency and co-ownership corporation responsibilities.
- Learn how to implement reserve fund studies with engineers and technical professionals.
- Translate technical recommendations into long-term financial planning and funding strategies.
- Understand the impact on common expenses and long-term budgeting.
- Review practical implementation case studies.
Learn how to implement a compliant reserve fund strategy, anticipate future financial needs and strengthen the long-term sustainability of your co-ownership corporation.
Panelists :
To be confirmed
Schedule :
6pm - 7:30pm
Registration process :
You may now register for RGCQ activities by completing your payment online.
If you require another payment method, please contact us at evenements@rgcq.org
Please note that a $5 administrative fee will be added for registrations processed manually.
Cancellation and refund policy :
You may cancel your registration up to 48 hours before the event to receive a full refund.
After this deadline, no cancellation, credit or refund will be granted.
📞 Need assistance with your registration or have questions about our activities? Contact us at evenements@rgcq.org or call 514-916-7427 ext. 102.
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