A Toronto restoration contractor defaulted on nearly $28 million, and more than 140 subtrades were still on its projects. If you're a subtrade waiting 60 days on an invoice, the question is simple: what happens to your money when the company above you can't pay?
Kosta and Johny break down the Brook Restoration receivership and what it means for anyone working under a GC. Johny explains why staying on your receivables from day 31 matters more than any contract clause, how lien deadlines actually work in Ontario, why a sloppy invoice hands the GC an easy excuse to stall, and why his crews don't move without a signed purchase order.
Every protection they talk about comes back to paperwork: proper invoices sent on time, signed change orders, and daily logs with photos. Jobtable keeps all of it attached to the job, so the record is there if you ever need it.
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00:00 โ New in Jobtable: bill expenses as line items, one-click invoicing
04:05 โ Brook Restoration's $28M default and 140+ subtrades
06:33 โ Warning signs, bonding, and staying on your receivables
11:45 โ Liens, lien deadlines, and Ontario's prompt payment rules
20:10 โ Proper invoices and the carbon-copy problem
24:29 โ When a new contractor takes over mid-project
26:03 โ Quick-pay terms and why diversifying is harder at scale
32:41 โ Paper trails, daily logs, and no work without a signature
What is The Deconstruction Podcast?
Construction isnโt just about buildingโitโs about breaking things down to make them better. The Deconstruction Podcast dives deep into the untold stories, insider insights, and success strategies that shape the construction industry. Hosted by the founders of Jobtable, we tackle topics that matter most to contractors and entrepreneurs, sharing actionable advice and interviewing industry leaders whoโve paved the way to success. Whether youโre looking to grow your business, spark new ideas, or stay ahead in the game, this podcast is your ultimate tool for construction and entrepreneurship.
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