Study Illustrates the Economic and Social Value of Surety Bonds - On-Site Magazine

Study illustrates the economic and social value of surety bonds - On-Site Magazine

Bonds do more than protect taxpayers, small business and workers, they also provide measurable benefits to the national and local economy by protecting GDP, creating jobs and allowing governments and public agencies to recover some, or all, of the premium paid to the surety company, suggests a recent study from the Canadian Centre for Economic Analysis (CANCEA) and recently shared by the Surety Association of Canada (SAC). (Infographic courtesy …

New study highlights economic value of surety bonds on public construction projects - Ontario Construction News

Ontario Construction News staff writer A new study from the Canadian Centre for Economic Analysis (CANCEA) reaffirms the benefits of requiring surety bonds on publicly funded construction projects across Canada. Released on May 27, 2025, the report concludes that mandatory surety bonding not only protects taxpayers, small businesses and workers, but also provides measurable […] The post New study highlights economic value of surety bonds on publ…

New study highlights economic value of surety bonds on public construction projects

Ontario Construction News staff writer A new study from the Canadian Centre for Economic Analysis (CANCEA) reaffirms the benefits of requiring surety bonds on publicly funded construction projects across […]