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I attended the AGM last night of one of the several OCs that I am a member of. This OC has 190 lot owners. At the AGM only 5 owners attended including me (I don't know about proxy votes) . Half way though the meeting a 6th attendee arrived. So a less than 3% attendance rate.
On another occasion, the AGM of another OC I am a member of (12 lots) was attended solely by myself. And this time I know there were no proxy votes. I suppose at least it was an 8% attendance rate …
These meetings were stark reminders that for many owners, the OC AGM seems to be of little or no importance unless there is some major issue that concerns them personally.
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