Quarter 1 Results Available on O.S.F.I. Website

The surety industry’s premium and loss data for first quarter of 2019 is now available on the website of the federal Office of the Superintendent of Financial Institutions (O.S.F.I.).

Media Release: Surety Association of Canada Invited to Ottawa to Provide Support for Prompt Payment in the Construction Industry

On May 16, the Surety Association of Canada (SAC) was invited to Ottawa to speak in support of prompt payment in the construction industry, which is referenced in Division 26, Part 4 in Bill C-97, An Act to implement certain provisions of the budget, and other measures. Bill C-97 was tabled in Parliament on March 19, 2019 and passed second reading on April 30, 2019.

Status Update 1930 - Peterborough Housing Corporation, Ontario

Further to TA 1930 which was issued on Friday, June 7, the Surety Association of Canada (SAC) has received a response from the Peterborough Housing Corporation with regards to their Request for Tender for a 24 Unit, 2 Storey Seniors Apartment – Smith Drive / County Road No. 30, Havelock, Ontario.

Status Update 1929 - The Regional Municipality of York, Ontario

Further to TA 1929 which was issued on Friday, June 7, the Surety Association of Canada (SAC) has received a response from the Regional Municipality of York with regards to their Request for Tender No. 17-103: Reconstruction and Widening of Major Mackenzie Drive West (Y.R.25) from Islington Avenue (Y.R.17) to Pine Valley Drive (Y.R.57) in the City of Vaughan.