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HUB International Coastal Insurance
British Columbia’s leading solution provider for STRATA Insurance
You get more when you buy from our STRATA specialists at HUB International Coastal Insurance Brokers. You receive the combined power of our vast global resources and solid local relationships. We deliver the solution that makes the most sense for you when it comes to your needs.

News & Blog

  • October 20, 2015
    New proposed amendments to the British Columbia Strata Property Act was introduced in the provincial legislature on October 8th, 2015 through Bill 4-2015 (Natural Gas Development Statutes Amendment Act, 2015) The proposed amendment introduces legislative changes to the Strata Property Act intended to make it easier for owners to terminate a strata corporation. Currently to terminate a strata corporation, a unanimous vote is required. The...
  • September 23, 2015
    A depreciation report is an inventory of Strata Corporations Common Property components. It is intended to identify all of the systems that make up a building, and all the services that support it and the occupants. It is important for strata councils to prepare depreciation reports, as they are a key management tool for strata’s to plan and pay for the repairs, replacements, and renewal of common property and assets such as roofs, windows...
  • August 12, 2015
    According to the Strata Property Act, strata corporations are required to have bylaws that essentially regulate the use and enjoyment of the property, the general administration of the strata, the collection and payment of fees, the general governance of the council and owners at council, as well as annual and special general meetings. The standard set of bylaws of the Strata Property Act are a good starting point for all strata councils, as...
  • July 21, 2015
    According to the Strata Property Act of B.C., the strata council must provide copies of all cancelled cheques and books of deposit, correspondence sent or received by the strata corporation and written contracts to which the strata is a party upon the request of an owner, tenant, or a former owner or former tenant during their period of residence or ownership, within 2 weeks of request. Although Strata Councils are protected by the Personal...
  • June 30, 2015
    The B.C. Government has proclaimed June as a Smoke-Free Multi Unit Housing Month. The Heart and Stroke Foundation along with the B.C. Lung Association want people to know that it is legal for strata corporations to adopt a non-smoking bylaw banning smoking inside units and on balconies. B.C. currently has the lowest smoking rate in the country at 14% Nearly 50% of British Columbians who live in condos experience unwanted smoke from their...
  • June 11, 2015
    June 8th, 2015 – Minister of Finance Kevin Sorenson and Financial Literacy leader Jane Rooney launched a National Strategy for Financial Literacy. The strategy is a call-to-action for all Canadians to gain the knowledge, skills and confidence they need to make good financial decisions. It will focus on 3 main goals; manage money and debt wisely, plan and save for the future, prevent and protect against fraud and financial abuse. Here are...

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