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Fidelity Bond vs Surety Bond – What’s the Difference?
We often have client inquiries from businesses stating that they need a fidelity bond for their cleaning company or moving company. However, this is an antiquated term and bond type in the Canadian market and has since been replaced with an insurance product. Let’s jump into Fidelity Bonds vs Surety Bonds and why they’re different. In 2025 and onwards, fidelity surety bonds
Bond Connect 18 January 2025
More Great Articles
New To Bonding? An Introduction to Surety
Basics of Surety Bonds in Canada Surety bonds play a crucial role in the Canadian economy by providing a guarantee for the performance of specific actions agreed upon in a contract. Bonds are not insurance
24 November 2022