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NCS Credit Lien Index Q3 2023

kalford October 20, 2023

NCS Credit Lien Index Q3 2023

The Lien Index decreased to 51 in Q3. The decrease comes on the heels of a revised rate of activity for Q2 2023, in which the Index increased from 47 to 54. Despite the slowdown, lien activity is 13% higher than Q3 2022. Cyclically, we expect to see the Index climb in Q4. As the season winds down and the fiscal year comes to a close, disputes, change orders, and lack of cash flow will slow and even stop payments.

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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