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Latest Articles

Bill 142 Passes Unanimously: Bonds now Mandatory on Public Work in Ontario

On December 5, Bill 142 passed third reading in the Ontario Legislature. The measure was supported by all three parties with the final vote tally of 87-0. This new legislation completely overhauls the province’s moribund Construction Lien Act which has been in effect since 1983.

CANCEA Study Demonstrates Economic Value of Surety Bonds

SAC President Steve Ness announced the publication of The Economic Value of Surety Bonds in Canada; which assesses the impact of construction surety bonds on the overall economy across the country.

Tender Alerts

Advisory - Invalid Bonds Being Rejected by Owners

It has come to SAC’s attention that large public owners in the West are expressing concerns about having to reject Bid Bonds because they have not been executed properly.

Advisory Update – CrossLinx Transit Solutions, Ontario

An update related to the CrossLinx advisory issued on August 29 is available.