Ontario Construction Act Amendments – A Game Changer for Contractors

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Ontario Construction Act Amendments – A Game Changer for Contractors
Ontario Construction Act Amendments – A Game Changer for Contractors

The Ontario Construction Act Amendments bring new changes to positively impact contractor cash flow and project financing for contractors, designers, and others in the construction industry.

The Potential Impact of Tariffs on the Canadian Construction Industry
The Potential Impact of Tariffs on the Canadian Construction Industry

The recent imposition of a 25% tariffs on Canadian goods by U.S. President Donald Trump, has raised alarm bells among various stakeholders and consumers. There may be a significant impact from these tariffs on the Canadian construction industry.

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

Contract Surety 101
Contract Surety 101

This article provides a simple, easy-to-understand overview of contract surety. It explains what surety bonds are, the roles of the principal, obligee, and surety, and how different types of bonds—such as bid, performance, payment, and maintenance bonds—function to protect construction projects. Written for beginners, it walks readers through the basic concepts and processes involved in contract surety without complex jargon.