SURETY CORNER: Interest Rates and the Canadian Construction Industry
In a press release dated September 7th, 2022 the Bank of Canada announced they would be raising interest rates by 75 basis points. This hike…
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Everything You Need to Know About Bid Bonds
What is a bid bond? When a firm (usually a construction company) wants to submit a price for a project, the bid documents usually require…
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Surety Corner: Featured Q&A – Joshua Strub of Margie Strub Construction Law
Author: Mathew Manol As noted in previous Surety Corner publications, contractors across Canada are facing a litany of challenges and obstacles to navigate. Whether it…
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Top Five Things to Know About Reclamation Bonds?
Author: Andrew Cartwright Reclamation bonds are required in various countries throughout the world to secure the closure and reclamation obligations of a mining operation. In…
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Surety Corner: 2021 Year In Review
Author: Mathew Manol 2021 was the year of the Ox, which is said to bring stability, calmness, great opportunity and economic prosperity. It would be…
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A Surety’s Perspective – Snow Clearing Contracts
Author: Jamie Collum As we enter the summer season, we look back and tip our hats to the contractors who were tasked once again this…
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