Successful Local Initiatives

As the association continued to mature and gain credibility within the construction and business communities, we became a more effective advocate for the industry on a wide range of issues with provincial and local governments.

 

Ontario
In 2006, SAC was instrumental in bringing about surety-friendly reforms to the Limitations Act which ensure that the suit limitation language in standard performance bonds remains enforceable.

 

British Columbia
In 2004, the B.C. government Risk Management Branch announced that the province would be moving to a self-insurance program to manage the risk of contractor performance. SAC partnered with local construction groups in a successful government relations campaign that persuaded senior ministers to retain surety bonds as the security of choice.

 

Quebec
In 2011 and 2012, successive Quebec provincial governments introduced a series of measures to combat corruption in the province’s non-residential construction industry. SAC’s Quebec Regional Committee engaged senior government officials and were successful in ensuring that these new laws would not adversely affect our industry by creating a rash of unwarranted claims.

 

Read More About SAC's Evolution

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Electronic Bonding

New Products

Re-Branding: A New Look, A New Face

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The Future: Challenges & Opportunities