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Reminder: entry into force of the obligation to contribute to the self-insurance fund

Rappel : entrée en vigueur de l’obligation de cotiser au fonds d’auto assurance.

The RGCQ would like to remind you that as of April 15, 2022, divided co-ownerships will be required to contribute to a self-insurance fund. Therefore, any annual budget will have to provide for this amount.

Even though the file is progressing, the governmental regulations that limits the capitalization of the fund to $ 100,000 has not yet been adopted.

In the meantime, we remind you that you must follow the calculation method provided for by law, namely, to accumulate the amount of the highest deductible except for earthquakes and flooding by water.

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