Condos

[simster3]

I am the treasurer on my rental property's condo board and we are planning for our upcoming budget. Currently, we are at about $0.50/sqft. We have some major projects coming up and will likely need more reserves to fund it all. The board is currently debating a raise in fees and/or special assessments. I am leaning more towards special assessments. Does anyone know what the average per sqft price that is typical for Calgary? I have found that Toronto is at $0.68. Any advice or help would be greatly appreciated. Thanks.