Door open for rescission of surety bonds despite potential impact to third partiesThe recent decision of Urban Mechanical Contracting Ltd. et al v Zurich Insurance Company Ltd., 2022 ONCA 589 (“Urban”) has sent waves through the construction industry. In Urban, the Ontario Court of Appeal refused two applications seeking to overturn a... |
Trends for contractors to consider in preparing bids and tendersAs Ontario recovers from the COVID-19 pandemic, the construction industry is facing an unfamiliar economic landscape. With inflation at a 30-year high, a low labour force participation rate, and significant supply chain delays, contractors must revisit the risk allocation models... |
Prompt payments and adjudication are set to arrive in Alberta’s construction industryMajor changes could be coming for the construction industry in Alberta as new prompt payment legislation is being proposed. While other provinces have considered and implemented prompt payment and other changes to their lien legislation, Alberta is proposing its own... |
