Tag Archives: Canada

Whew! HOA Fraud in Canada? “Say it ain’t so, Joe!”

Dang! I have friends in Canada and I think of Canadians being so much more gentile and honest than Americans. But then, I seem to be selling a lot of books in Ontario so maybe I’m wrong.

But one of the biggest thefts I’ve read about is a 4.1 million dollar embezzlement from a condo association in that Province. A man who managed 13 condominium operations in Hamilton and Burlington just swiped a little at a time from each one of them over five years. That’s almost a million bucks a year. Not bad work if you can get it.

Beware the Coming Building Craze! Caveat Emptor!

Canadians often seem much more polite than Americans, but the BBC documentary linked below is one that everyone on this blog should watch. Downtown Toronto has been devastated by defective construction in many of its high-rise condo towers. The U.S. government is following the exact same political path as the governments of Toronto and of Canada have been following over the past seven years.