Licensing Requirements

In Canada, surety bonds may only be issued by companies licensed to do so, either federally, or by one of the provincial insurance regulatory bodies. The requirements to obtain such a license are demanding and applicants are required to demonstrate financial solvency and sufficient strength to meet potential claims obligations. 

Only firms that are licensed to sell surety bonds in Canada may become members of the Surety Association of Canada. 

The Surety Association of Canada is available to assist bond purchasers in their efforts to protect themselves; if you encounter an unlicensed surety, please contact us at (905) 677-1353 or by email at surety [at]