Saskatchewan recently released an Information Notice and updated several Information Bulletins to highlight the province's non-resident contractor bonding and clearance process. These new or revised publications are listed below:
Saskatchewan requires non-resident contractors consuming or using equipment during the completion of a real property contract to either:
The province also reminds contract principals that they have a responsibility to make sure the non-resident contractors they hire are conforming with this process. Where a contract principal does not obtain a clearance letter or proof of bonding from its contractor it is encouraged to withhold 6% (i.e., PST) of any amount invoiced by the contractor.