IMPORTANT NOTICE - ACTION REQUIRED – RBQ BONDS
The regulatory amendment concerning the increase in licence security for
RBQ bonds will come into force on September 18, 2016. After that date,
the amount of the licence security required for both specialized
contractors and general contractors will double. Please refer to the
chart below for the new amounts required for bonds as well as for the
purchase price of bonds for each of the licence categories.
|
Licence categories
|
Before
September 18, 2016
|
As of
September 18, 2016
|
|
Bond Amount Required
|
Member Purchase Price
|
Bond Amount Required
|
Member Purchase Price
|
|
Specialized
contractors
|
$10,000
|
$130
|
$20,000
|
$260*
|
|
General contractors
|
$20,000
|
$260
|
$40,000
|
$520*
|
*Note: The new bond certificate will
be adjusted based on the renewal date of your CANASA membership and the
renewal date of your RBQ licence. Each member’s situation is unique and
will be handled accordingly.
Download agreement
CANASA’s responsibility towards members who have purchased RBQ bonds through the association:
In order to comply with the RBQ’s new requirements, CANASA will provide the following to members:
- An invoice for the new bond amount, which will be adjusted based on the renewal date of your CANASA membership and the renewal date of your RBQ licence.
- After payment is received, CANASA will send you a new RBQ bond certificate
indicating the new required amounts. Please note that credit card
payments will accelerate the shipment of your new certificate.
Member’s responsibility:
After payment is received by CANASA and the certificate is shipped to you, you must send the original certificate of your new licence security to the RBQ on or before your licence renewal date with the RBQ.
To avoid delays, members are encouraged to pay for the membership
renewal and the bond at their easiest convenience (ideally, as soon as
the first renewal notice is sent).
Your RBQ licence date is coming up before your CANASA membership renewal
and bond renewal (and after the 18th of September 2016)?
Rest assured that CANASA is connecting with each member who has a bond
with the association. That being said, if your RBQ licence renewal date
is coming up, do not hesitate to contact us for an update on your file.
CANASA is committed to ensuring that every member receives their new
certificate before it is required by the RBQ office.
Responsibility of members who do not have an RBQ bond with CANASA:
All members are encouraged to contact their insurance broker to ensure
compliance. CANASA is pleased to offer a competitive purchase price of
bonds for members. If you would like to take advantage of this member
benefit, please call our office.
For any RBQ related inquiries, please contact:
Kimberley Smith
Member Services Specialist
Canadian Security Association (CANASA)
ksmith@canasa.org
1-800-538-9919, poste 223