The Manitoba Court of Queen’s Bench recently held that the Canadian Revenue Agency (CRA) has priority over subcontractors and the bonding company in respect of holdback funds held by the owner in trust for the contractor. The decision in Manitoba Housing and Renewal Corp. v. Able Eavestroughing Ltd., once again underlines the impact of federal […]
Continue Reading →CRA Entitled To Priority Over Subcontractors To Trust Funds In Owner’s Hands
Posted by: Thomas G. Heintzman
20
Feb
Does Posting A Lien Bond Eliminate A Contractor’s Trust Fund Obligations?
Posted by: Thomas G. Heintzman
9
Mar
When a contractor posts a bond to secure the construction builder’s lien claim of its subcontractor and the subcontractor discharges its lien, does the contractor continue to have any trust fund responsibilities to the subcontractor? Must the contractor continue to pay to the subcontractor the money it receives from the owner, particularly money received from […]
Continue Reading →Does A Construction Lien Bond Satisfy A Trust Fund Claim?
Posted by: Thomas G. Heintzman
28
Aug
There are several different remedies provided in construction and builders lien legislation that do not necessarily fit together well. Two remedies available to a subcontractor are the lien claim against the land and the trust fund claim against funds received or receivable by a contractor. In the case of a lien claim, the payment of […]
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