Regional Municipality of Wood Buffalo

Report

Prohibitive Condominium Corporation Insurance Premiums

Information

Department:Legislative ServicesSponsors:
Category:Report

Attachments

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Body

THAT Council for the Regional Municipality of Wood Buffalo lobby the Provincial Government with respect to the cost prohibitive insurance premiums for Condominium Corporations following claims after disasters and damages; and

THAT the Mayor be authorized to send a letter to Government officials including, but not limited to the Insurance Bureau of Canada, Premier of Alberta, Minister of Service Canada and Minister of Finance, requesting that a fulsome investigation occur to find a resolution to the issue(s) related to insurance premiums for Condominium Corporations.

Meeting History

Oct 22, 2019 6:00 PM Video Council Meeting

Councillor K. Balsom submitted the following for consideration:

“THAT Council for the Regional Municipality of Wood Buffalo lobby the Provincial Government with respect to the cost prohibitive insurance premiums for Condominium Corporations following claims after disasters and damages; and

THAT the Mayor be authorized to send a letter to Government officials including, but not limited to the Insurance Bureau of Canada, Premier of Alberta, Minister of Service Canada and Minister of Finance, requesting that a fulsome investigation occur to find a resolution to the issue(s) related to insurance premiums for Condominium Corporations.”

David Thompson, Winchester Green Condo Board, spoke in support of the recommendation.

Exit and Return

Councillor S. Lalonde exited the meeting at 8:01 p.m. and returned at 8:03 p.m.

Joanne Day, Wood Meadow Estates North, spoke in support of the recommendation.

Robert Guy, Cedarwood Condominium Corporation, spoke in support of the recommendation.

Councillor K. Balsom agreed to friendly amendments to the proposed recommendation; the first being to replace “requesting that a fulsome investigation occur to find a resolution” with “requesting a resolution to the urgent crisis”. The second friendly amendment added the following to the distribution list: local Members of the Legislative Assembly, local Member of Parliament, Federal and Provincial Cabinets, Rural Municipalities of Alberta (RMA), Alberta Urban Municipalities Association (AUMA) and Federation of Canadian Municipalities (FCM).

RESULT:CARRIED [UNANIMOUS]
MOVER:Krista Balsom, Councillor
SECONDER:Jane Stroud, Councillor
FOR:Don Scott, Mike Allen, Krista Balsom, Bruce Inglis, Sheila Lalonde, Phil Meagher, Verna Murphy, Jeff Peddle, Jane Stroud
ABSENT:Keith McGrath, Claris Voyageur