“On behalf of SAC’s Board of Directors and Staff, we would like to congratulate this year’s graduates on achieving their designation as Associates of Canadian Surety Bonding”, stated Steven D. Ness, President & Chief Operating Officer of the Surety Association of Canada. “This year marks the 25th anniversary of the launch of our association’s A.C.S.B. Designation Program and with this year’s graduates there are now 273 individuals who have received the A.C.S.B. Designation…bravo!”
The A.C.S.B. Designation Program aims to provide students with a theoretical and in-depth practical understanding of surety bonds and the suretyship process and is intended for those who plan on embarking on a career in the surety industry. Over the course of the last quarter century, the program has proven to be an unqualified success, serving as an important training ground for new entrants into the surety business by supplementing the training offered by the association’s member firms to its new staff. There has been tremendous growth and change in the program over that time, including the transition of the program
in-house in the Fall of 2022.
Students enrolled in the A.C.S.B. Designation Program are required to complete four (4) core courses, three (3) of which have been developed by the association, to include: Principles of Suretyship, Contract Surety, and Construction & Surety Law. The SAC-developed courses are offered directly through the association and are delivered by industry experts who bring their in-depth knowledge of the surety industry. The fourth core course, Introductory Financial Accounting, and two (2) elective courses covering a wide range of business skills are also required to obtain the designation and can be taken at any Canadian university.
A French version of the program, le Programme des Associés en Cautionnement Canadien (P.A.C.C.), is also available which has been adapted according to the civil law framework used exclusively in the province of Quebec. The structure of the French version of the program remains the same (four core courses and two electives).
Registration for the Winter 2024 term for both the A.C.S.B. and P.A.C.C. Designation Programs are now open. Prior to registering for courses, students are required to submit a program application form to SAC.
For more information about the Associateship of Canadian Surety Bonding Designation Program (A.C.S.B.), including program and course registration, CLICK HERE.
For more information about le Programme des Associés en Cautionnement Canadien (P.A.C.C.), including program and course registration, CLICK HERE.
For PDF version of Media Release, CLICK HERE.