The turbulent past few weeks in the global economy has been playing havoc with interest rates as the Bank of Canada was among several global central banks to drop their prime lending rates to try and slow down the economic downturn. The typical reaction from the Big Banks is to follow the Bank of Canada’s [...]
Oct 29, 2009 | By: admin | No Comments
When contractors seek public works projects, they normally encounter a requirement for bid security to accompany their proposal. There are a number of ways to satisfy the requirement but the easiest method is with a Bid Bond. Bid bonds are issued by Bonding Companies, aka Sureties.Bid Bonds accompany contractor’s proposals and protect the interest of [...]
Oct 18, 2009 | By: admin | No Comments
There may have been more than one occasion when you might have had to borrow money from a friend: at the coffee shop, in the office, or even for the cab service. When you run out of money, borrowing is usually your only way out. Juxtaposing the same with big corporations and the federal government, [...]
Oct 12, 2009 | By: admin | No Comments