1 min read
SIREG Management's licence is suspended: first steps for condo owners
Condo managers in Ontario need a licence from the CMRAO. When a manager's licence is suspended, these are the practical first steps for owners.
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1 min read
Where to find your condo corporation's legal name and number
Every Ontario condo is its own corporation with a name and number. Here are three quick ways to look yours up.
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Article
Insolvency Insider Canada
SIREG entities file amid investor turmoil
Insolvency Insider reports that SIREG-associated entities have filed notices of intention to make a proposal amid the liquidity crisis affecting the group. The article identifies the proposal trustee and restructuring team.
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Article
The Globe and Mail
Multiple rental-property companies founded by former talk-radio host file for insolvency
The Globe and Mail reports that at least 14 companies associated with Simple Investor Real Estate Group have filed for bankruptcy, records show.
Read on theglobeandmail.com
2 min read
Lisa's story: three Simple Investor properties and no rent coming in
My husband and I bought three properties from The Simple Investor with the promise of guaranteed rent and a "hands off" system of being a landlord.
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Article
CMRAO
CMRAO takes regulatory action against SIREG Management Inc., including immediate licence suspensions
Ontario's condominium regulator suspends SIREG Management Inc.'s licences, effective immediately.
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2 min read
William's story: a Kipps Lane condo and a North Bay joint venture
Hello, my name is William. I saved money through working.
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3 min read
Ewhan's story: a Windsor joint venture and $100,000 at stake
My name is Ewhan Orest Ruzycky, commonly called Evan.
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Article
CBC News
Ontario investigates condo management company as investors scramble, tenants left confused
Ontario's condominium management regulator is investigating SIREG Management after the company told investors it could no longer guarantee rent payments, leaving some owners scrambling to collect rent directly from tenants.
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Article
Ontario Chronicle
Investigation Into Condo Management Leaves Tenants and Investors in Limbo
Ontario Chronicle reports, with credit to CBC News London, that SIREG Management told investors it could no longer guarantee rent payments, leaving some owners trying to collect rent directly from tenants, and that the condominium management regulator has opened investigations after receiving five complaints.
Read on ontariochronicle.ca
2 min read
Alain's video testimonial: a North Bay unit and RRSPs with The Simple Investor
Hello my name is Alain St Louis I am an investor with the simple investor I have invested in a unit in North Bay Ontario as well as I have invested in rrsps in in w…
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1 min read
Ewhan's video testimonial: a SIREG joint-venture investor speaks
Watch Ewhan's video testimonial: a SIREG investor on how the collapse of The Simple Investor has affected them.
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