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Old Posted Nov 14, 2023, 2:19 AM
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Coldrsx Coldrsx is online now
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Join Date: Dec 2003
Location: Canmore, AB
Posts: 66,888
The biggest issue for me is that 'The Act(s)' and industry is more or less broken when it comes to protecting the owner's interest and board's reasonability when it comes to decision making.

We entrust boards with multi-hundred-thousand, if not million dollar corporations to run, administer and be responsible for... which inevitability fail or underperform or are plagued with indecision.

Deferred maintenance at all costs to 'preserve the reserve' or retain desirability from a seller/purchaser perspective.

Add in little recourse for middle-sized events that continue to erode finances and it feels icky and is very much problematic.
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