@ctvnewskitchener: Residents and unit owners at a Kitchener condo complex say they have been left facing utility disconnect threats due to the mounting financial turmoil of property management firm SIREG Management Inc. Public court filings show SIREG Management filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act last month. Shortly after, the Condominium Management Regulatory Authority of Ontario (CMRAO) suspended SIREG’s property management licence and launched an investigation following complaints regarding mismanaged client funds. The fallout is hitting home at a residential condo building on Sydney Street South in Kitchener, where tenants say they received notices from Enova Power earlier this month warning that common area electricity would be shut off due to unpaid bills. #ctvnewskitchener #landlord #tenents #renters
So the tenants are paying rent, but the management company not paying the hydro bill. How is this a thing?
2026-10-16 23:34:12
176
Shawn :
Why the heck is the management company paying bills? The money should be paid out of the condo corps bank directly. Where the condo fees go into, directly.
2026-10-17 17:00:50
1
Dennis Galley :
you will see more and more of this. as the war against landlords continues, and they arent making money, this is the future. so get a co-op together, buy the building as a group and live there. and for those who say Sireg is a super rich company screwing the poor folk, well, bankruptcy says different.
2026-10-17 17:50:25
1
AlbinoCree :
I bet they are going to blame the renters ......
2026-10-16 23:31:54
86
Peter :
The management has an owner or owners which is serig run by.if serig doesn’t pay it’s up to the owners or owner to go after management not the clients or renters.
2026-10-17 18:20:27
0
Mr Smith :
Solar energy time 😏
2026-10-17 17:00:45
0
Gen x :
no rent to pay then pay hydro instead take rent to pay power
2026-10-16 22:11:46
32
Ƒʉͫcͧкͭιͪηͣ Wake_up_lefty’s :
If hydro is included in the rent it the management or the owners of the building problem.
2026-10-16 23:57:21
10
PainfulPoetry :
illustrates just how responsibility for this gets put on the tenant and property standards
2026-10-17 10:47:22
0
Colby Guest-Forbes 🇨🇦 :
this is messy
2026-10-17 00:34:53
1
the1n_obi 🦈 :
Housing is not an investment ‼️‼️
2026-10-17 03:01:01
3
user6638868049192 :
Wouldn’t the condo owners just need to hire a different property management company?
2026-10-17 08:06:39
3
juliesostaric :
I pay my own hydro
2026-10-17 00:12:23
1
Turbo god of Ottawa. :
What is brankrupty? Is it the same as brankrupcty?
2026-10-17 11:38:25
0
dr.waters1111 :
Hydro are evil.
2026-10-16 23:28:38
3
BOSS.Tiger777🇵🇱🇵🇭 :
Get some candles
2026-10-17 01:13:14
0
karlitreleaven :
this was just done to a seniors apartment in Thunder bay. owners defaulted on their mortgage 6 months in.
2026-10-17 00:27:18
5
caninesbestfriend :
This is crazy - middle men management companies now…. Bah!
2026-10-16 22:52:00
3
chop :
confused
2026-10-16 21:45:37
0
john deparare🇨🇦🇰🇪 :
owners will start filling lawsuits
2026-10-17 04:58:44
0
Fazy :
Corporate greed is ruining the world.
2026-10-17 19:37:31
0
📚 🇨🇦 Birdie 🇨🇦 📚 :
Municipalities or the provincial government should be required to step in these cases.
2026-10-17 16:08:49
0
The mason show 3 :
scary
2026-10-17 18:38:39
0
hydraz11 🇨🇦🏳️🌈 :
Whoa whoa whoa the Land Lord’s have not met the tenants that’s a requirement under the law!
2026-10-17 19:09:43
0
Lisa 🇨🇦 :
It’s almost like housing shouldn’t be treated like a share of stock
2026-10-17 04:19:48
6
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