The construction industry has sustained sweeping changes to its legal framework over the past few years and, in fact, has become one of the most highly regulated sectors in Québec. There are certain points that companies in this field should take into account.
It is important to ascertain that the company directors have the necessary qualifications with regard to the standards set down by the Commission de la construction du Québec (CCQ).
As for the contractors themselves, their assets must be structured in such a way as to minimize the risk of personal lawsuits when problems arise related to construction work or the execution of a project. Our experts coach their clients so that they can grow their business without exposing themselves or their families to higher-than-usual risks compared with other trades.
The FBBL Approach
Our financing experts have an in-depth knowledge of the construction industry. They are therefore well-positioned to assist you in implementing a financing strategy designed for the optimal growth of your business.
What is more, they can give you a hand when dealing with government agencies such as the CCQ and the Commission de la santé et de la sécurité du travail. And keep in mind that our tax experts can give you an edge with regard to structuring your assets and minimizing risk of personal liability.
- Financing strategies
- Implementation of business structures
- Advice pertaining to the qualification of firms