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NCS Credit Lien Index Q4 2023

kalford January 26, 2024

NCS Credit Lien Index Q4 2023

The Lien Index ended 2023 at 55. This is an approximate 5% decline in activity from Q3 2023 and a 4% increase in activity compared to Q4 2022. Even though activity has slowed over Q3, lien activity remains above 50, signaling payment issues on projects nationwide. The Index is predicted to stay over 50 in early 2024, as new construction starts aim to recover from a turbulent Q4. With fewer projects starting, cash flow challenges will surface in areas such as aggressive bidding, putting additional pressure on razor-thin margins. 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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