The posting of security (or bonding) ensures an Engager can meet all of its financial obligations to the Artists it has contracted. An Engager cannot issue contracts to an Artist before posting security with Equity.
Related information can be found in Article 33:00 of the Independent Theatre Agreement.
Generally, the amount required in security is equal to:
An additional amount is required for touring productions. If you have any questions or require more detail, please contact your Equity Business Rep.
It’s advisable to have appropriate security in place before beginning negotiations with Artists, as you may encounter a delay in confirming your bond and a contract must be issued within 10 business days of agreeing to terms. For this reason, it’s also in an Engager’s best interest to overbond based on anticipated negotiations or fees greater than the minimums.
It’s possible to provide an updated calculation and top up your bond, but this may delay the release of additional contracts.
If you’re seeking to post a peak bond, please provide all the information required in Clause 33:02 (B) (ii). It’s wise to build in a cushion to allow for any changes later. For example, if you were to add a workshop to your peak week at a later date, your calculated peak would no longer be accurate and you would be required to make an immediate top-up to your bond.
Payment details and a breakdown must be sent to engagerAR@caea.com to ensure payments are allocated to the correct Artist. Payments submitted without supporting documentation will not be applied to an invoice and may incur interest penalties.
Bond payments that include other invoice payments can be made to bonding@caea.com if supporting documentation is included.
Contact your Business Rep or email engagerAR@caea.com to request Equity’s banking details.
Payments must be sent to bonding@caea.com. Note your Engager number in the reference section.
‘Canadian Actors’ Equity Association’ may be set up as a payee if your financial institution supports this payment type. Note your Engager number in the reference section.
Wire transfer payments must include an additional $17.00 to cover the service fee charged to Equity. Note your Engager number in the reference section.
If using a third party provider (e.g., Plooto), funds must be deposited directly into Equity’s bank account without requiring a password or additional validation. Note your Engager number in the reference section.
Payments may be sent by regular mail or courier, if arrangements have been made with your Equity Business Rep.
Please make your cheque, money order or bank draft out to the order of ‘Canadian Actors’ Equity Association’ and send it to:
Engager Accounts Receivable,
Canadian Actors’ Equity Association
44 Victoria Street, 12th floor
Toronto, ON M5C 3C4
Note your Engager number in the memo section of the cheque, money order or bank draft and include your detailed paperwork or copy of the invoice(s) with your payment.
We are unable to accept payments made at RBC using branch-generated deposit slips.
The Engager must contact Equity to formally request the release of a bond.
Before the bond can be released, all of the following steps must be completed:
Have questions or need more information?
Contact UsNational Office
44 Victoria St, 12th Floor
Toronto, ON M5C 3C4
Phone
416-867-9165 (local)
1-800-387-1856