What is the meeting that must be held within six months after the fiscal year called?

The meeting that must be held within six months after the fiscal year is known as the Annual General Meeting (AGM). This requirement is a fundamental aspect of condominium governance in Ontario, as it ensures transparency and accountability. During the AGM, the board of directors presents the financial statements, addresses questions from owners, and discusses the management of the condominium corporation for the past fiscal year. This meeting is pivotal for owners to engage with the board, influence decisions, and stay informed about community issues. Holding the AGM within the stipulated time frame is essential to comply with legal obligations and maintain the corporation’s operational integrity.

Other options, such as a Fiscal Review Meeting, Stakeholder Assembly, and Community Forum, do not have specific legal definitions or requirements linked to the fiscal year in the Ontario Condominium Act. They may involve discussions or gatherings but do not serve the mandatory role that an AGM does in the context of condominium management.