Information is provided on Leaky Condos from an Insolvency view point.
This is a British Columbia problem, which I believe, is unknown in the rest of Canada. The problem is that new building techniques were used where the building walls were sealed so well that no air was allowed into the walls. However water was sucked into the walls, did not evaporated, and started to rot the wood frame construction. In order to repair the problem the walls have to be opened up, the rotten wood replaced and the building reclad. Maybe, but only with the greatest of difficulty and after a huge legal bill.