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Surety Bond Fundamentals for Canadian Construction Projects, Webinar

Have you considered mitigating your construction risks with surety bonds? Learn about bid bonds, labour and material payment bonds, and performance bonds including how to prosecute and defend bond claims from industry experts.

Construction is known to be a risky business, especially in today’s climate with the ongoing effects of the COVID-19 pandemic, labour shortages and supply-chain disruptions. These issues can have a significant impact on a construction project and business.  A tool that may be available to mitigate these risks are surety bonds.  One of the least-understood financial instruments, surety bonds are typically issued by insurance companies, however, bonds are not insurance products and come with their own body of case law. During this session, our speakers will cover the main contract surety products: the bid bond, the labour and material payment bond and the performance bond. This will include practical advice for prosecuting and defending bond claims, consideration of the various forms of bonds available in the Canadian marketplace and a discussion of current surety bond issues.

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June 15th, 2022 1:00 PM through  2:00 PM
Event data
Event timezone EST
Speaker information (for public page) Olga is Surety Claim Counsel at Travelers Canada, handling construction surety bond claims throughout Canada and providing legal support to the underwriting team.

Prior to joining Travelers Canada, Olga worked in private practice, acting for players on all levels of the construction pyramid engaged in residential and ICI projects. This included drafting and negotiation of contract documents, multi-party lien and breach of trust actions, bond claims and arbitrations.

Seema Lal is a partner at Clyde & Co based in Vancouver, BC. She is a fellow of the Canadian College of Construction Lawyers. She regularly lectures and provides seminars, including the Independent Contractors Association of BC, Buildex, Vancouver Regional Construction Association and Pacific Business & Law Institute as well as in-house legal seminars for various contractors and consultants. She is also an adjunct lecturer at UBC for 4th year engineering students – Legal Aspects in Engineering Practice.
Regional director and event organizer name and contact William Siu -

Ariel Solose -
Presenters' name, company and email addresses Olga S Morozova - Travelers Canada,

Seema Lal - Clyde & Co LLP,
Region Canada: British Columbia
CLE Credits Offered?
PDH Credits Offered?
Interactive Session? Yes
Handout (PDF)
Flyer (PDF)
Venue name virtual
Cost to rent the venue na
Cost related to drinks/food (if any) na
Are you charging the participants? If yes, how much for SCL-NA members and non-members? yes, 15 for non-members, free for SCL-NA members
Do you have sponsors for this event? If yes, please provide the details of the source and amounts of sponsorship. no