The former SIREG condos covered by the ruling now have someone in charge. Justice Steele appointed Brian Antman as administrator on October 15, 2026, with immediate effect. A corrected version of the order, signed October 16, applies to 24 condominium corporations.
What changes now
- The boards are suspended until the court says otherwise. Mr. Antman exercises their powers.
- Within 30 days, owners in each building elect a shadow board to work with him.
- Within 45 days, he must go back to court, report, and ask to be released so each building can run itself again.
- Owners who object to the order could file material before the October 22 hearing.
The judge's reasons
The legal test for an administrator under section 131 of the Condominium Act requires the board to be unable to manage. With no boards at all, the judge found that test plainly met: there is "unquestionably a 'demonstrated inability of the board[s] to manage the corporation[s]' because there are no boards."
She accepted that an administrator costs money, but found the risks of doing nothing, such as no insurance or utilities being shut off, could cost far more. Because owner meetings legally need at least 15 days' notice and the Act offers no shortcut, the buildings would otherwise be "rudderless until early to mid-November."
She was satisfied owners had notice, given how public the SIREG insolvency is. Anyone with standing can still ask the court to change or cancel the order under paragraph 19.
The 24 corporations covered
- Brant Standard Condominium Corporation No. 105
- Essex Standard Condominium Corporation No. 168
- Lambton Condominium Corporation Nos. 11, 12 and 40
- Middlesex Condominium Corporation Nos. 353 and 357
- Middlesex Standard Condominium Corporation Nos. 505, 506, 507 and 508
- Niagara North Condominium Corporation No. 142
- Nipissing Standard Condominium Corporation Nos. 49 and 54
- Oxford Standard Condominium Corporation Nos. 115, 129 and 130
- Perth Standard Condominium Corporation Nos. 36, 38 and 41
- Waterloo Standard Condominium Corporation Nos. 397, 418 and 515
- Wentworth Standard Condominium Corporation No. 435
Note: the first version on October 15 named 26. Nipissing Standard Condominium Corporation Nos. 47 and 48 were taken out in the corrected order (both were added later, on October 22). Your building is not covered if it is not listed here.
What the administrator can do
He steps into the board's shoes. That includes:
- budgeting and collecting condo fees, monthly or by special assessment;
- maintenance and repairs;
- buying and keeping the insurance the law and the condo's documents require;
- taking over bank accounts and records;
- paying legitimate bills;
- hiring a manager, auditor, engineer, lawyer or other professionals; and
- ordering a reserve fund study and funding plan.
Anyone holding a covered corporation's records or property has to disclose and surrender them when asked. SIREG, its chief restructuring officer and the trustee must cooperate, with the administrator paying the cost.
Deadlines
- Around November 14: owner meetings in every covered building to elect shadow boards. A shadow board cannot make decisions; it works with the administrator and learns the building before taking over.
- Around November 29: the latest date for the administrator's report to the court and his request to hand each building back.
Who pays
- His rate is $375 an hour, and the court will review his bills.
- Each corporation pays for the work done for it, including his lawyer and other proper costs. That money ultimately comes from owners' condo fees.
- Owner-group members get their legal fees back from their own corporation once they show proof.
- The bankrupt SIREG companies are not on the hook for these costs, but the corporations may pursue others to recover them.
What to expect
- A copy of the order in the mail. The administrator must serve every owner once he has the owner lists.
- October 22: the opposed buildings are heard. It is also the judge's "fixed comeback date" for owners in covered buildings who want the order changed, with affidavits filed beforehand.
- Mid-November: shadow board elections, then the administrator's report by about November 29.
