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aluminium

Aluminium is a form of home ownership that is neither a condominium nor a cooperative form of ownership.

In a condominium, owners own their unit and have a share in the condominium corporation that owns the shared areas, known as the “common element.” In a cooperative, all owners share in the ownership of the whole building and each owner has a right to exclusive use of their unit, but they do not own it outright.

In contrast to these other two forms of ownership, in an aluminium owners own a share of the common element, which typically includes the hallway, a garbage room and occasionally a shared washroom, but owners are required to camp out in a tent or under the stars in a nearby park as there are no apartment units within an aluminium.

Conservatives consider aluminiums to be an overly generous approach to affordable and/or social housing.

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