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Commercial Bond

Commercial surety bonds are guarantees required by various organizations (courts, government bodies or other entities) to protect against a given financial risk. These bonds are required in various contexts, as an intrinsic condition for obtaining a permit, or to guarantee payment of customs duties or other taxes to government authorities.

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License and Permit Bonds

This type of bond is required in order to obtain a license or permit and usually protects the consumer in the event that the principal debtor (merchant) cannot comply with the financial obligations included in the laws and regulations pertaining to his commercial activities.

Customs and Excise Bond

Customs

Customs bonds are required by government authorities to guarantee payment of various customs duties, tariffs and taxes.

Imports and Payment of Duties

Warehousing and storage

Transport of goods

Excise

The excise bond guarantees that the principal will remit certain excise taxes.

License for brewers

Wort manufacturer's license

Spirits manufacturer's license

Tobacco manufacturer's license

GST - Non-Residents

Course Bonds

There are two main types of course bonds:

Court bonds

Fiduciary bond

Bankruptcy administrator

Estate administrator

Executor

Foreign executor

Curatorship

Tutor and curator

Document Loss Bond

This type of bond is required to obtain replacement certificates when original documents have been lost.

Shares, dividends

Guarantees

Canada Savings Bonds

Life insurance policies and other financial documents.

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