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Potential US-Canada trade war could raise condo fees in British Columbia over next year.
A potential US-Canada trade war could lead to higher strata fees in British Columbia, warns Sean Ingraham, president of the Canadian Condominium Institute's B.C.
chapter.
Increased tariffs may hike insurance premiums, capital project costs, and vendor contracts due to higher material and proprietary inputs costs from the US.
These increases may not be immediate, expected over the next six to 12 months, and could strain small strata corporations and condo owners financially.
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La posible guerra comercial entre EE.UU. y Canadá podría aumentar los condominios en Columbia Británica durante el próximo año.