Blog

Mandatory Surety Bonds in Ontario

Bill 142: Mandatory Surety Bonds in Ontario

One of the most notable changes to the Amended Construction Lien Act (The “Construction Act”) is the requirement for contractors to provide the owner a…

Read Blog
Bill 142: Ontario’s Amendment to the Construction Lien Act

Bill 142: Ontario’s Amendment to the Construction Lien Act

In December of 2017, the Ontario government successfully voted into legislation Bill 142, modernizing the Construction Lien Act introduced in 1983. The Act, now called…

Read Blog
Bid and Performance Bond Facility Terms and Conditions Letter

Bid and Performance Bond Facility Terms and Conditions Letter

It is always surprising to me how many prospective clients have never seen or heard of the Bid and Performance Bond Terms and Conditions Letter…

Read Blog
Key Components to the Commitment Letter

Key Components to the Commitment Letter

A commitment letter for a developer bond facility is a 10 page document. There are many parts to this terms letter all of which are…

Read Blog
Financial Statements for Surety Bonds

The Significance of Financial Statements for Surety Bonds

No matter what your surety bond requirements are, financial statements will always be required to qualify for contract surety bonding. Your company’s financial statement is…

Read Blog
Contract Surety Bonds in Ontario

New Headstart Subcontractor Performance Bond

A Better Bond for General Contractors The Headstart Subcontractor Performance Bond was created by the surety industry in response to concerns expressed by general contractors…

Read Blog

Get A Free Consultation Today

It all starts with a conversation today with one of our surety bonding experts. Once we determine which type of surety bonds you require, we will work tirelessly to expedite these bonds for you.

1-844-241-5656 OR Get a Quote