In Ontario construction projects—especially commercial, multifamily, and CMHC-financed developments —bonding is a key requirement for managing risk. Two bonds appear most often: Performance Bonds Labour & Material Payment Bonds Understanding how they work—and why lenders insist on them—can prevent costly delays and financing issues. What Is a Construction Bond? A construction bond is a surety bond , not insurance. It is a three-party agreement between: Principal  – the contra

There are a wide range of options of construction loans for multifamily construction in Canada, with varying level of requirements, cost and speed. See below for sample starting pricing options. Final pricing will be impacted by borrower profile, project location, loan size etc. This pricing is for quick reference only, and we can fine tune pricing for your specific pricing on a call. Book a construction financing consultation here

What Is a Construction Lien Holdback? A construction lien holdback  is a statutory portion of contract payments that must be withheld  under Ontario’s Construction Act . Its purpose is to create a dedicated pool of funds to satisfy potential construction lien claims  filed by unpaid subcontractors, trades, or suppliers. In Ontario, the standard holdback is 10 percent of the value of work performed or materials supplied  under a construction contract. The holdback is not optio

The federal Build Canada Homes (BCH) program has released its updated Investment Policy Framework , marking a major step forward in Canada’s effort to accelerate affordable housing delivery. With the new BCH project portal officially live as of November 27, 2025 , developers and housing providers can now begin submitting their proposals. Below is a breakdown of the key highlights for developers, municipalities, and non-profit partners. 🔹 What Projects Are Eligible — And What

CMHC Announces Major Updates to Multi-Unit Mortgage Loan Insurance Canada Mortgage and Housing Corporation (CMHC) has released new guidance for Approved Lenders, outlining several important changes to its Multi-Unit Mortgage Loan Insurance (MU MLI) programs. These updates impact documentation requirements, completion take-out financing, MLI Select energy efficiency criteria, and rental achievement holdbacks. Here’s what you need to know: 🔹 Streamlined Documentation Requireme

When it comes time to select a financial institution of fund your mortgage, there’s a good chance that one of these will be your choice:...

Toronto’s housing supply challenges have driven policymakers to rethink how we build in the city. One of the most impactful changes is...

Effective July 14, 2025 , the Canada Mortgage and Housing Corporation (CMHC) has introduced a new pricing structure for multi-unit...

Your credit score is like a financial report card that lenders use to decide if you’re a good candidate for a loan or credit card. It can af