You could end up like I did on that one property where the income drops so low that it only covers payroll, maintenance, property taxes, etc or you might get lucky and only experience less cash coming into your pocket than you are used to.Rising rates AND a bad economy would be an anomaly and likely wouldn't last, as monetary policy would likely reverse rates in an effort to stimulate the economy. 

If this is thousands you might want to at least get a counsel consultation to see what the options are and chances of monetary recovery. 3 weeks is a lifetime for a contractor to have your cash.

The reasoning behind the move is the BoC has lowered its outlook for Canadian growth. and feels that additional monetary stimulus is required at this time to help return both the economy to full capacity and inflation to its target. 

In your agreement I would provide for a certain level of ongoing monetary compensation but reduced compared to what you would pay out normally to a GC so that the contractor becomes vested in your project and the financial outcome or results of the project, In time I would ask the contractor partner to become more greatly vested in the projects, in other words put their own money into the projects from start to finish.

Making it right will have more psychological value than the monetary expense it will cost.

Everybody has a price, monetary or otherwise.

For a monetary default on a single family 1-4, yes.

I have always had a passion for real estate and like a lot of you, my monetary situation is bleak at the moment.

Willful infringement is a serious matter with significant penalties under law.Because we don’t currently have reason to believe this was intentional, we are seeking no damages or monetary compensation as long as the following issues are addressed within the next 7 days.1.

A good American site to learn more is called ami.org (American monetary institute).