In Ontario, a company that manages condominiums needs a licence. When that licence is suspended, the people who collect and handle your building's money are no longer allowed to do that job. Owners of SIREG-managed condos are now in that position: SIREG Management Inc.'s condominium management licence was suspended on September 29, 2026.
Who licenses condo managers?
The Condominium Management Regulatory Authority of Ontario (CMRAO) licenses both individual condo managers and management companies. It keeps a free public registry where anyone can check the current licence status of a manager or a company: CMRAO public registry.
Why does it matter for my money?
In many buildings the management company collects the condo fees (common expenses), and in some cases rent and other funds, on behalf of the condo corporation. When the manager's licence status changes, the key question for owners is where that money is and who is holding it.
What should I do now?
- Read every notice you receive from your board or from the CMRAO.
- Ask in writing how common expenses are being collected and where they are being held.
- Keep copies of all your fee statements and proof of every payment.
Owners teaming up for legal help
A group of owners organized a joint expression of interest to hire condominium lawyers at Levitt Di Lella Duggan & Chaplick LLP (LDDC) to act quickly for affected owners. Signing up was not a retainer and was not binding: LDDC was to contact each owner about terms before any money was owed. That first sign-up closed on October 6, 2026.
Every corporation's situation is different. For advice about your own unit, speak with a lawyer.
