Articles taggués "payments"

12 May 2025

Directors’ fees : How are they treated for tax purposes ?

Although many condominiums have volunteer directors, many opt to offer a token sum of money to their directors to encourage competent people to run for the board.  This recognizes the time these people devote to the administration of their co-ownership and compensates them for using their personal assets to administer...

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Elise Beauchesne, CPA, CA, Adm.A
Associée-fondatrice
514-935-6999
[email protected]

6 January 2025

POSSIBILITY OF A STRIKE AT CANADA POST: PLAN FOR THE PAYMENT OF YOUR CONDO FEES

The possibility of another Canada Post strike could disrupt mail delivery in the coming weeks. In this context, we would like to remind all co-owners of the importance of planning ahead for the payment of their common fees, especially if they are still making payments by cheque sent by mail....

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Samanta Pilon-Langlois,
Directrice des Opérations
514-935-6999
[email protected]

6 January 2025

Syndicate of co-ownership: convenience fees and the Consumer Protection Act

The Consumer Protection Act provides various safeguards for consumers, including a prohibition on merchants charging additional fees to customers paying with debit or credit cards. The syndicate of co-ownership is not a merchant The syndicate of co-ownership is a non-profit organization whose main purpose is to preserve the immovable, maintain...

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Anne-Claire Pinel de Grandchamp,


[email protected]

24 July 2024

Avoid cash and Interac transfers to limit the risk of condominium fraud

Although cash is an effective method of payment, it carries a higher risk of misappropriation than other payment methods. This is particularly true when cash is received to pay for items over which control is limited (e.g.: chips, access cards, moving expenses, etc.). In fact, there is a real risk...

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Elise Beauchesne, CPA, CA, Adm.A
Associée-fondatrice
514-935-6999
[email protected]

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