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NCS Credit Lien Index Q2 2023

kalford July 21, 2023

NCS Credit Lien Index Q2 2023

The Lien Index decreased 16 points in Q2 2023 to 47. The significant decrease comes as the revised Q1 2023 Index skyrocketed to 63.

As anticipated, the revised* rate of activity for Q1 2023 skyrocketed to 63, resulting in a 19% increase in lien activity over Q4 2022.

Mechanic's lien activity decreased across all regions, with the West taking the largest dip and coming in 41% lower than the previous quarter.

Download the full report for details.

 

Provincial Construction Payment Rights in Canada

Discover your payment rights on provincial construction projects in Canada, including how to secure bond claim rights and navigate Public Works Act claims.

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A Quick Guide to Mechanic's Lien Rights in Canada

Explore the essentials of securing mechanic's lien rights in Canada, including deadlines, notice requirements, and key provincial variations.

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Know Your Customer. Protect Your Cash Flow in Any Economy.

Strengthen credit relationships by knowing your customer and using UCC filings & mechanic's liens. Learn how to protect your business in any economy.

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