Contingency Fund and Bill 16: Patrick Gautreau on CondoLegal

Contingency Fund and Bill 16: Patrick Gautreau on CondoLegal

Since the new regulatory provisions under Bill 16 came into force in August 2025, contingency fund management has raised many questions among syndicates and co-owners in Quebec: How can we anticipate increases in common expenses? How can we effectively plan the building’s long-term maintenance?

To shed light on these new issues, Patrick Gautreau, our expert in contingency fund studies and building maintenance, sat down with Me Yves Joli-Cœur for an exclusive information segment on CondoLegal.

A technical exercise with major financial implications‍

During this discussion, Patrick Gautreau points out that a contingency fund study is first and foremost an in-depth technical diagnosis of the building, from which crucial financial decisions follow.

Rather than being seen as a mere budget constraint or an additional expense, this process is a strategic planning tool. It makes it possible to:

• Paint an accurate picture of the building’s condition;
• Identify and anticipate upcoming major work;
• Avoid unexpected special assessments by spreading contributions over time.

‍About Nivoex‍

At Nivoex, we support syndicates of co-owners, property managers and directors in preparing rigorous studies tailored to the new legal requirements. Learn more about our services and expertise by visiting our company profile on CondoLegal.

Read the bio of our expert, Mr. Patrick Gautreau, T.P., President and Technical Director of Nivoex

🎥 Watch the full video segment

Watch the full discussion between Me Yves Joli-Cœur and Patrick Gautreau to better understand the impacts of the regulations and secure your condominium’s financial future:

👉 View the video segment: Fonds de prévoyance : comprendre les nouvelles obligations et leurs impacts sur les copropriétés (in French)

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