Partners in Your Success

Blueprint for Success

 

Board Training Supports Good Governance

Successful co-ops maintain their business, their buildings and the environment. Part of maintaining your co-op’s business is ensuring that your board of directors understands financial responsibility, ethical conduct and the difference between the duties of board and staff. While understanding is not enough, it’s where good governance starts.

Co-operative education is the fifth co-op principle....

Clients and Units

On 1 January 2018, the Agency had 525 client co-ops with 30,820 units of housing.

Agency Clients

On 1 January 2018, the Agency had 11 clients in PEI, 261 in Ontario, 50 in Alberta and 203 in B.C. 

Vacancy Loss

At last count, Agency clients together lost $3.6 million to vacancies. Too much, but down 2% from a year earlier.

Vacancy Costs

The average co-op loses $132 a unit a year to empty units, down from $177 in 2007. Some of this loss is by choice, because units are being refreshed for new members.

Timely Clients

Only 52% of the Agency's co-op clients filed their 2006 AIR on time. Now, 79% file on time. 

Risk Trend

The risk trend of 88% of Agency clients is either Strengthening or Stable. Great work, co-operators!

Plans in Action

The average co-op with an approved capital plan is setting aside more than $2,800 per unit in reserves each year--more than double the 2007 amount of $1,186. We're so impressed that we're speechless!

Clients and Units
Agency Clients
Vacancy Loss
Vacancy Costs
Timely Clients
Risk Trend
Plans in Action