Kelvin Coley Donohue's 'Depreciation Reports' article featured in RI Input Magazine - The Province consulted groups like the Condominium Home Owners Association of BC (CHOA), legal experts and professionals, focus groups, as well as 1,819 persons who answered a public survey online in February 2011. The overwhelming consensus was that strata corporations must prepare for their ongoing maintenance and future capital expenditures. The resulting 2011 regulation changes to the Strata Property Act now ensure that strata corporations must have a depreciation report and a contingency reserve fund in place. The changes also ensure that the Information Certi!cate (Form B) provided to a strata purchaser will contain the current depreciation report.