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Tag: Canadian Institute of Actuaries

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Canadian Condos Are Often Overvalued Due To Low Reserve Funds: Report

February 15, 2022

More Canadians are looking to buy condos, but they’re being warned not all are equal. The Canadian Institute of Actuaries (CIA) released a study on condo reserves this week. In the 140-page report, the organization warns low reserves often create misleading overvaluations. Over the long run those values may not benefit the current owners though. […]

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