Our Blog
What Is Bonding Capacity and How To Increase It
If you’re a contractor bidding on public or private projects that require surety bonds, understanding your bonding capacity is essential. It determines which jobs you can pursue, how much bonded work you can take on at once, and ultimately how fast your business can grow. At Bond Connect, we help Canadian contractors secure and increase their surety bond limits through smart structuring,
CCDC Updates Surety Bond Wordings for the First Time Since 2002
In an effort to modernize and streamline surety bond agreements, the Canadian Construction Documents Committee (CCDC) has introduced updated wordings for Bid Bonds, Performance Bonds, and Labour & Material Payment Bonds. These updates mark the
What You Need to Know About Performance Bonds
As a leading Canadian Surety Bond Brokerage, Bond Connect is committed to providing our clients with comprehensive insights into the world of surety bonds, with a particular focus on Performance Bonds. These bonds play a
When Are Maintenance Bonds Used?
In this article, we’ll review the broad scope of contract surety bonds in Canada, while focusing on when Maintenance Bonds are used in different scenarios. Understanding these bonds is crucial for anyone involved in the
Technical Safety BC Gas Bond
Obtaining your $10,000 Technical Safety BC Gas Bond is now a straightforward and hassle-free process, despite the often complex nature of regulatory compliance. Through our user-friendly online system, securing your bond takes just a few
Canadian Surety Bonds in 2024: Looking Forward
As 2024 unfolds, the Canadian surety bond industry stands as a crucial pillar in various sectors, notably construction, infrastructure, public services, development, and imports. Its integral role in assuring project completion and financial stability positions
The Ultimate 2024 Guide for Customs Bonds in Canada
If you have plans to import goods into Canada or the United States, this is when you might come across customs bonds. So, what is a customs bond, and how do you get one? In
Technical Safety BC Electrical Bond
Navigating the complexities of regulatory compliance can be challenging, but obtaining your $10,000 Technical Safety BC Electrical Bond shouldn’t be. With our streamlined online process, you can secure your bond in just a few minutes.
The Beginner’s Guide to BC Bonds
The beautiful province of British Columbia is one of Canada’s treasures. Forestry, mining, construction, tourism; you can find it all in BC. As the province continues to develop, BC Bonds have become an essential tool
An Unseen Pillar: The Role of Surety Bonds in the Mining Industry
Mining, a foundational pillar of modern civilization, encompasses more than extracting Earth’s treasures. It’s a balance of benefiting from our planet’s resources while ensuring its restoration and protection. So, what is the role of surety
Top 10 Benefits To Bond Construction Projects
If you’ve been around the construction industry long enough, chances are you’ve come across surety bonds. Bonds play a pivotal role in ensuring projects are executed seamlessly and with the utmost professionalism. These financial instruments