[I-Hate-Hulse]

Originally Posted by blankall

The insurance crunch is an issue across the board in Canada. Most stratas have starting upping their deductibles massively. There's only a few insurers actually providing enough insurance, and the ones that have have upped their rates substantially.

Quoted for emphasis. This is a serious existential threat to the apartment condo as a viable form of housing. Rising premiums (and special assessments) will make the economic decision to pass on condos in favor of detached housing. (Townhouses will fare better though)

Here's a good article on the problem:

https://www.canadianunderwriter.ca/f...verage-crisis/