Annual General Meeting (AGM) ​

An Annual General Meeting — the AGM — is the once-a-year meeting where your corporation's owners come together to review the year, approve the budget, and elect the board of directors. It's the cornerstone of how a condominium corporation is governed.

What it means for your board ​

The AGM is where owners hold the board accountable and where the decisions that need owner approval actually happen. Typical business includes reviewing the financial statements, approving the coming year's budget and contributions, electing directors, and voting on any resolutions.

Two things make or break an AGM for a small self-managed board: proper notice to every owner, and reaching quorum so the meeting can make valid decisions. Miss either and the meeting — and the decisions made at it — can be challenged.

What the Condominium Property Act says ​

Alberta condominium corporations are required to hold an annual general meeting and to give owners advance written notice of it, within the timing set out in the Condominium Property Act. The Act and your bylaws govern what business must be conducted and how owners are notified.

The exact notice period and timing requirements are precisely the kind of detail to confirm against the Condominium Property Act before scheduling — getting notice wrong can invalidate the meeting.

How Qworum helps ​

Qworum guides your board through the whole AGM lifecycle — notice, agenda, live attendance and quorum tracking, motions, and minutes. Start a free trial.

General information about Alberta condominium concepts — not legal advice. Confirm your corporation's obligations under the Condominium Property Act.