Bill 72 Condo Act Changes Explained (2026) | Ontario Condo Guide

In December 2025, Ontario passed Bill 72, the Buy Ontario Act, 2025. For condominium corporations, the headline was not an immediate rewrite of day-to-day governance — it was a deadline extension for long-pending amendments originally introduced through the Protecting Condominium Owners Act, 2015 (PCO Act).

Some of those proposed changes — affecting requisitioned meetings, director elections, shared facilities, and status certificates — remain on the legislative table until January 1, 2027. Others, including reserve fund adequacy and chargeback transparency rules, expired without extension.

This article explains what happened, what is still pending, and what boards, owners, and managers should do in the meantime. It is educational information based on public announcements from the Condominium Authority of Ontario (CAO) and legislative commentary — not legal advice for your corporation.

For the CAO’s later update on meeting and voting rules taking effect at the end of 2026, see Ontario condo meeting and voting changes for 2026–2027.

What this means

For more than a decade, Ontario condo law has been in a partially implemented state. Many PCO Act amendments took effect in phases — creating the CAO, the Condominium Authority Tribunal (CAT), new proxy and information certificate forms, virtual meetings, and electronic voting. Other amendments sat un-proclaimed, waiting for regulations and political decisions.

Bill 72 did not proclaim those remaining amendments. It extended the clock. The Ontario government now has until January 1, 2027 to decide whether to bring extended provisions into force. Until then, corporations continue operating under the Condominium Act, 1998 as it exists today.

That matters because boards have been planning — or avoiding planning — around changes that might never arrive, or might arrive with new regulations attached.

Amendments extended by Bill 72

The CAO identified several key areas still pending. If proclaimed, these would materially affect meetings, elections, and corporation records.

Shared facilities agreements

Many Ontario condos share amenities — parking, recreation facilities, roads — with neighbouring corporations or phases. The current Act offers limited guidance. Pending amendments would make shared facilities agreements mandatory in more situations and open the door for regulations on cost sharing, boundaries, and joint rules.

Practical impact if proclaimed: Boards managing shared costs without a written agreement should prepare for formalization. See related discussion in owners’ meetings when shared-facility disputes reach owner votes.

Non-leased voting units and director seats

Many corporations reserve a board seat for an owner-occupied director — voted only by owners who live in their units. Pending changes would shift the concept toward non-leased voting units, requiring an owner request before the seat exists, and only in corporations where at least one but fewer than half of units are non-leased. Owners would need to declare their unit is not leased before voting in those elections.

Practical impact if proclaimed: Election notices, candidate packages, and ballots would need updating. Review board elections and how elections work before your next contested vote.

Requisitioned owners’ meetings

Owners can already requisition meetings under the current Act — a powerful tool for director removals and other owner business. Pending amendments would add a prescribed requisition form, require corporations to respond and hold valid meetings, and potentially expand CAT jurisdiction over meeting disputes.

Practical impact if proclaimed: Both owners and boards would need clearer requisition workflows. Our owners’ meeting guide covers current requisition basics; watch for new forms if proclaimed.

Developer protections and status certificates

Pending amendments would limit developer-friendly contract terms that survive turnover and expand status certificate content — including financial impacts of litigation, budget changes, and shared facilities agreements.

Practical impact if proclaimed: Boards and managers ordering status certificates should confirm form versions. Turnover and resale processes may carry more disclosure.

Board term continuity

Directors in certain owner-occupied or non-leased seats could continue serving past term expiry if an election or AGM has not yet occurred — reducing governance gaps in delayed meeting scenarios.

Amendments that expired without extension

Bill 72 did not extend several high-profile proposals. As of December 31, 2025, these are no longer pending under the PCO extension framework:

Topic	What was proposed
Reserve funds	Clearer rules on “adequate” funding, major repairs, and mandatory expert opinions when funds are low
Procurement	Standardized processes for how all condos conduct procurement
Budget transparency	Faster, separate budget copies to owners beyond periodic information certificates
Chargebacks	Mandatory notice timelines and expanded chargeback scenarios

Industry groups including CCI Toronto publicly urged the government to revisit reserve fund and chargeback reforms, arguing they affect housing affordability and owner trust. Whether new legislation revives these topics is uncertain — but corporations should not assume they are coming soon.

For current reserve fund obligations, continue following existing reserve fund study requirements and board prudence standards in our director duties guide.

When it matters for your corporation

Bill 72 matters most if you are:

• Planning a requisitioned meeting in 2026 or 2027 — pending form and CAT changes could alter process
• Running director elections in corporations with owner-occupied seat rules
• Managing shared facilities without a formal agreement
• Ordering status certificates for resale or refinancing
• Waiting for reserve fund or chargeback reforms before acting — those specific proposals expired

Bill 72 matters less if your immediate focus is a standard AGM: current notice, quorum, proxy, and voting rules still apply. Use the AGM timeline calculator and meeting notice checklist under today’s law.

What boards should do now

1. Govern under current law. Do not delay AGMs, elections, or valid requisitions waiting for amendments that are not yet proclaimed.
2. Monitor CAO updates. Subscribe to CAO news for proclamation announcements and new forms.
3. Document shared-facility arrangements. Even without new law, written agreements reduce disputes.
4. Review election rules before notice. If your bylaws reference owner-occupied seats, confirm how you will handle a law change mid-cycle if proclaimed.
5. Separate wishful thinking from compliance. Reserve fund adequacy debates continue politically, but the expired amendments are not imminent law.

Industry context

Condo sector advocates have been split on pending meeting reforms. Some owners and managers supported clearer requisition processes; others raised concerns about expanded tribunal jurisdiction and election complexity. The government’s 2025 consultation on meeting-related provisions reportedly drew mixed feedback — which may explain the continued delay.

Legislative uncertainty is itself a governance challenge: boards make multi-year reserve and contract decisions while the rulebook may still change.

Bottom line

Bill 72 keeps part of the PCO Act amendment story alive until 2027, but it does not change how your corporation runs meetings today. Extended provisions — shared facilities, requisition forms, non-leased director seats, status certificates — remain pending. Reserve fund, procurement, budget, and chargeback reforms did not get extended.

Stay current, plan meetings under existing rules, and revisit this article when the government proclaims changes or publishes new regulations.

Related resources

• Ontario condo owners’ meeting guide
• Ontario condo board elections
• CAO annual return filing guide (2026)
• Reserve fund reforms that didn’t pass