Hot take · 8:53
// THE QUOTE
“if you look around just look around downtown halifax most of it is all private”
Blunt local candor: most of downtown Halifax's private development isn't bonded at all. Regional builders will recognize this immediately.
Full episode at 8:53Construction Bonds Explained: How Surety Pre-Qualification Works in Atlantic Canada (Intact & FCA Surety) ▸
THE LESSON THIS CLIP CARRIES
Atlantic Canada’s private-development boom is largely un-bonded, exposing developers and their lenders to contractor default risk with no financial backstop.
“look around downtown Halifax most of it is all private and I don’t even know if much of it is bonded at all”
THE CHAPTER IT LIVES IN
Private Development and the Under-Bonding Risk in Halifax
8:50
Clips like this, every two weeks.
SOURCE: 8:53 of Construction Bonds Explained: How Surety Pre-Qualification Works in Atlantic Canada (Intact & FCA Surety)