Surety BondsCommercial Bonds

Excise Tax Bonds

These bonds guarantee payment of the excise tax and the full and faithful execution of duties imposed under the Excise Tax Act and its regulations. Depending on your business, the following excise tax bonds may apply:

• Bonds under the Excise Tax Act
• General Excise Tax bonds for carriers
• Liquor and tobacco licence bonds

Customs Bonds

These bonds guarantee payment of all duties and taxes (such as the G.S.T.) applicable to goods entering Canada. Customs bonds may be required under regulations governing the following areas:

• Customs brokers
• Duty-free shops
• Transportation of goods
• Temporary entry of goods
• Customs warehouses
• Customs sufferance warehouses
• Itemized declaration of imported goods and payment of duties

Environmental Quality

This bond guarantees that work will be performed in accordance with specifications set by the Ministère du Développement durable, de l’Environnement et des Parcs. It may be required to:

• Operate a quarry or sand pit
• Operate a solid or hazardous waste landfill site

The bond also guarantees that goods will be transported in accordance with specifications set by the Ministère du Développement durable, de l’Environnement et des Parcs. It may be required to:

• Transport solid waste
• Transport hazardous waste

Consumer Protection

This bond guarantees compliance with the Consumer Protection Act for the term of the permit and, more importantly, guarantees the compensation of any consumer who brings a successful lawsuit against the permit holder or its representative. Merchants may require this bond if they work in the following sectors:

• Travel agency
• Security and investigation agency
• Collection agency
• Travelling salesperson
• Fitness studio

Private Schools

• Driving schools
• Trade schools

Contractor's Licences

This bond guarantees compensation to owners in the event of fraud, misconduct or misappropriation of funds. The following Recipients may require this bond:

• The home warranty of the Association de la construction du Québec (ACQ)
• The new residential building warranty of the Association provinciale des constructeurs d'habitation du Québec (APCHQ)

This bond guarantees the compensation of owners in the event of an injury, confirmed by a judgment, following performance or non-performance of construction work and resulting directly from payments made, non-completion of work, and flaws and defects discovered in the year following the end of the work. The following Recipient may require this bond:

• The Régie du bâtiment du Québec (RBQ)

Used Vehicle Merchant

This bond guarantees the merchant’s liability to the buyer in the event that he sells a stolen vehicle, or guarantees compensation to claimants who have obtained a judgment or settlement regarding a civil lawsuit under the Consumer Protection Act. The following merchants may require such bonds:

• Motorcycle dealer
• Auto parts recycler
• Automobile or major vehicle dealer

Public Curatorship

This bond guarantees the full and faithful execution of duties under the responsibility of a curator or tutor.

Other Fiduciary Bonds

• Financial guarantee bond
• ATA carnet bond