Tarion Bonds in Ontario: What Developers Need to Know

Archive

Construction

Tarion Bonds in Ontario: What Developers Need to Know
Tarion Bonds in Ontario: What Developers Need to Know

Today’s developers know that simply meeting the requirements of the Ontario New Home Warranties Plan Act isn’t optional. Any licensed homebuilder registered with Tarion must provide financial security that protects homeowners and ensures obligations are met. For many builders, this comes in the form of Tarion Bonds. Ferrari & Associates works with condominium builders across Ontario to secure bonding solutions.. Read more

Remarketing Your Bonding Facility: Why Canadian Contractors Should Plan Ahead for 2026
Remarketing Your Bonding Facility: Why Canadian Contractors Should Plan Ahead for 2026

Whether a contractor is bidding on projects, managing cash flow, or coordinating its trades, proper prior planning prevents poor performance. In fact, a contractor’s success depends a lot on preparation. The same principle applies to your bonding facility. Too often, contractors wait until they are in the middle of a large tender or facing tighter bonding limits before talking to.. Read more

CCDC Compliance – How to Ensure Your Contractor’s Insurance is CCDC Compliant
CCDC Compliance – How to Ensure Your Contractor’s Insurance is CCDC Compliant

Did you know that CCDC compliance is a critical step toward qualifying for contracts, lowering insurance premiums, and reducing liability exposure? So then why is it that so many contractors don’t fully understand what it means for their insurance policies to be compliant with CCDC standards? Without a full understanding of CCDC compliance, do you know what’s at stake? Here’s.. Read more

Building a Strong Circle of Influence in Construction for both Bonding AND Business Success
Building a Strong Circle of Influence in Construction for both Bonding AND Business Success

When it comes to achieving bonding and/or business success, contractors often overlook one of the most powerful tools available in their arsenal: a well-established, reliable circle of influence in construction bonding. This network of trusted advisors, including their surety broker, a strong Chartered Professional Accountant, construction attorneys, and mentors, can be the difference between a business that grows sustainably and.. Read more

How Contractors Can Increase Their Bonding Facility Limits to Bid on Larger Jobs
How Contractors Can Increase Their Bonding Facility Limits to Bid on Larger Jobs

Contractors understand that larger projects often require higher facility limits. By increasing those limits, contractors can open more doors to larger opportunities. We wrote this article for companies wishing to enhance their bonding facility limits capacity and take on larger, high-value jobs. For most contractors, a strong bonding facility is key to their business growth. We just published an article.. Read more

Understanding Bonding Facility for Contractors:
Understanding Bonding Facility for Contractors:

In November 2024, we published a blog article titled ‘The Importance of a Bonding Facility for Contractors.’ That article spoke about how contractors are encouraged to secure a bonding facility, which streamlines the process for obtaining essential bonds and enhances their company’s marketability. Our Director of Surety, Kari Davis emphasized that having a bonding facility for contractors saves time. It.. Read more

1 2 3