Consumer alert: Underground contractors can cost you everything Brampton ON

With the home renovation season upon us, you might be thinking of hiring a contractor. There are many reputable contractors in your community ready t ...

The Energuy Home Energy Advisor - Brantford
(877) 636-3748
Brantford, ON

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Smartchoice Home and Mold Inspections
(416) 825-7836
59 vanderbrink dr
brampton, ON
Services
Home Inspections,Mold Testing & Removal
Awards
InterNACHI, IAC2
Membership Organizations
$250-$450

A-Z Technical Bldg.Systems INC
(877) 743-5888
299 Mill Rd . Unit 1510
Etobicoke, NE
 
Comfort Zone Construction
(519) 919-6600
145 Higgins Cres.
Amherstburg, ON
 
CanSpec Inspection Services - Thunder Bay
(877) 672-3242
Thunder Bay, ON

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The Energuy Home Energy Advisor - Brampton
(877) 636-3748
Brampton, ON

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HMP Home Inspections Inc.
(905) 457-8602
11 lauchlin cres.
georgetown, ON
Services
Pre-listing, Pre-purchase, Tarion new home
Membership Organizations
NHI. PHPIC. National Home Inspector
Prices and/or Promotions
Free Home Reference Encyclopedia

TradePro General COntractors Inc
(416) 752-1585
31 Presley Avenue
Scarborough, ON
Services
Renovations

Menard Bros & Associates Ltd
(613) 932-7686
1100 Marleau Avenue
Cornwall, ON
 
Corpland Contracting Ltd
(905) 660-0068
35 McCleary Court
Vaughan, ON
 
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Consumer alert: Underground contractors can cost you everything

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(NC)-With the home renovation season upon us, you might be thinking of hiring a contractor. There are many reputable contractors in your community ready to do the work and willing to sign a contract to make sure both parties are satisfied when the job is done, and protected if something goes wrong.

Not all contractors play by the same rules, though, and if you get stung by one of these underground contractors, you could lose everything - your peace of mind, your savings, even your home.

Sound serious? It is. As the owner of the property where the work is taking place, you are legally responsible and liable for any damages or injuries that occur on your property, regardless if someone else is doing the work. If that contractor becomes injured, or causes a life-threatening hazard due to sloppy work, you can be sued. A professional contractor is covered by his own liability insurance.

Without a paper trail - no contract, no warranty, no estimate or invoice - there is absolutely no record that the work was done, who did the work, or that they were even paid.

If you participate in the underground economy, whether as a buyer or a seller, not only are you putting your own safety at risk, you are taking away tax dollars from the health care system, government pension plans and employment insurance, to name a few.

Evading taxes is unfair to honest taxpayers and it's illegal. The Canada Revenue Agency has more than 1,000 full-time employees dedicated to catching these underground entrepreneurs, and once they "get their man or woman", the result can be hefty fines or even jail time.

If you want to do some homework on the issue, check out the Taxpayer Alert section of the Agency's website at www.cra.gc.ca, then click on the Underground Economy link.

Credit: www.newscanada.com