You do realize that residents of the condo elect the condo board, right?

If you don't like your "predatory" condo board, elect a new one!  Most (all?) condos in Ontario hold elections for board members annually.  You can also run to be a member of the board if you own a condo.  And if your board gets too out of control there is actually recall legislation in place to allow condo owners to toss out their board of directors.

You also get to vote on the annual budget.

The real problem right now is that many condo budgets are dominated by electricity costs.  In some cases electricity might make up more than 50% of the annual budget.  With skyrocketing electricity prices in Ontario fees have been forced to go up.