B.C. facing a shortage of strata property managers, industry reps say
B.C. facing a shortage of strata property managers, industry reps say
British Columbia is facing a shortage of strata property managers, according to those who work in the sector.
In the next few years an exodus of nearly 50 per cent of property managers is expected due to retirement.
“We’ve got an aging demographic of property managers that are now starting to retire in the industry and this has caused a very urgent situation where property management is short of not only experienced strata managers, but strata managers, period,” said Chris Churchill, the president at FirstService Residential, a property management company.
According to the BC Financial Services Authority, there are currently 1,454 licensed strata property managers in the province, but Churchill, said less than half of them are actively managing portfolios.
“What we’re seeing is that the number of stratas is going up and the number of property managers is staying approximately the same,” added Jason Kurtz, a vice president and managing broker at Stratawest Management.
Churchill said the problem has been ongoing for the past eight to 10 years. To resolve it, he believes the industry needs support with funding, recruitment and training.
“If people aren’t well trained and not able to spend the time that is required to make sure that buildings are properly kept up, things will fall apart, hopefully not to a dangerous degree,” Kurtz said.
Having worked as a property manager for about two decades, Kurtz said it’s a career path many people don’t think about, but with starting salaries bet ween $60- and $70,000, he hopes getting the word out will help entice people to join.
“We’d love more people to consider this as a career,” he said.
Prime Minister Justin Trudeau's efforts to assure Canadians that his government is adequately addressing the threat of foreign interference took a hit on Wednesday, when the majority of MPs in the House of Commons voted for special rapporteur David Johnston to 'step aside.'
Seventeen people – most of whom are young students – were hospitalized after a falling from a height during a field trip at Winnipeg's Fort Gibraltar. However, many of the children are now being discharged and sent home, according to an update from the hospital.
Although bladder cancer is the fifth most common cancer in Canada, experts say there’s a significant lack of awareness surrounding whom it affects the most — statistically, men — and that the most common risk factor is smoking.
Canada will soon require health warnings to be printed directly on individual cigarettes, making it the first country to implement this kind of measure aimed at reducing tobacco usage.
More than three years after COVID was declared a global pandemic, a new study is looking at how the international health crisis has changed the lifestyle habits of Canadians.
A year after arguing Nigeria's ruling party is responsible for terrorist acts, the Trudeau government has sent a cabinet minister to celebrate the swearing-in of its new president.
The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again.
Statistics Canada says fewer fresh fruits and vegetables were available to Canadians in 2022, due to factors such as ongoing supply chain issues, labour shortages and price increases.
The northern Vancouver Island village of Sayward remains on edge Wednesday as a wildfire continues to burn out of control just five kilometres west of the community.
The B.C. government will set housing targets for 10 major communities on Vancouver Island and the Lower Mainland in an effort to combat the province's housing shortage.
Seventeen people – most of whom are young students – were hospitalized after a falling from a height during a field trip at Winnipeg's Fort Gibraltar. However, many of the children are now being discharged and sent home, according to an update from the hospital.
A man who slammed an Edmonton mother to the ground and strangled her outside of a downtown daycare in 2021 has had his nine-year prison sentence reduced to four years.
The Toronto Maple Leafs have hired Brad Treliving to be the team's new general manager. The team made the announcement Wednesday, less than two weeks after firing Kyle Dubas.
A Toronto woman says she was shamed for the size of her order at a sushi restaurant north of the city in a scathing review posted to social media that’s been viewed more than 1.4 million times.
Last year, Quebec’s Bill 96 became law, which brought sweeping changes to the Charter of the French language. Sections of the new law will come into effect on June 1, the one-year anniversary of the bill receiving royal assent.
Some communities in Quebec are expected to get record-high temperatures and Environment Canada has issued several weather warnings and watches for heat. Dr. Christopher Labos spoke to CTV News anchor Mutsumi Takahashi about heat and sunstroke and tips for preventing serious consequences in the sun.
Louise Avon, brutally murdered on March 31, 2022 in Sainte-Agathe-des-Monts by her husband in the throes of a crack-induced psychotic delirium, might still be alive if Quebec hadn't "failed miserably in its role of protecting the public."
Seventeen people – most of whom are young students – were hospitalized after a falling from a height during a field trip at Winnipeg's Fort Gibraltar. However, many of the children are now being discharged and sent home, according to an update from the hospital.
Friday marks PD Day in London, Ont., and with kids having the day off school, parents might be wondering what they can do to keep their kids occupied. From science experiments, to scavenger hunts and swimming, here are some of the activities at play across the city.
Huntsville OPP has charged a third girl in connection to an alleged assault captured on video at a local high school and shared on social media earlier this month.
Forest fires in northern Ontario are on the rise, with the largest in the region shutting down a critical highway for the people of Hornepayne for a bit and bringing the community to the brink of evacuation.
A Toronto woman says she was shamed for the size of her order at a sushi restaurant north of the city in a scathing review posted to social media that’s been viewed more than 1.4 million times.
A 72-year-old from Kitchener has been charged with careless driving after a vehicle careened off Highland Road West and smashed through the backyards of three homes on Ralgreen Crescent in Kitchener Tuesday afternoon.
