Many significant strata losses are not the result of fraud or extraordinary events, but from routine decisions made without full visibility into long‑term implications. This webinar explores how stable fees today can conceal future financial exposure, the risks associated with long‑standing practices, and the differences between buildings that plan proactively and those that are forced to react. This webinar also examined preparedness for insurance-related risk and the potential consequences of unintentionally exceeding council authority.
Feature insights from FirstService Residential’s Boon Sim, Vice President, Strata Management and Kimberley Lundberg, Client Executive, BFL Canada.
This webinar was designed to support strata council members in strengthening decision‑making, improving awareness of insurance considerations, and reinforcing planning practices that help protect buildings and budgets over time. Through real-life examples, learn where risks can arise in everyday decisions.