Canadian Construction Subcontractors — Fractional CFO — Serving Canada Nationally
Canada · Canadian Contractors · Construction CFO · HST · Provincial Holdback · Remote
CFO for Canadian
Subcontractors.
SPM serves Canadian commercial subcontractors doing $1M–$12M CAD. The financial problems are identical to US contractors — cash flow gaps, no job-level visibility, pay-when-paid exposure. We build ControlQore job costing and financial systems for Canadian contractors with full understanding of HST/GST compliance, provincial holdback requirements, and CRA reporting.
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SPM vs. Other CFO Firms
Most CFO Firms Serving This Trade
- High revenue minimums — most won't serve under $5M
- Advisory only — no bookkeeping, no implementation
- No job costing setup or ControlQore management
- No monthly WIP as standard deliverable
- No pricing published — discovery call required
- No vetted partner network for bonding, lending, or liens
- No prevailing wage specialty
The Construction CFO — SPM
- Serves $1M–$12M — starts at $1,900/month
- Full implementation — bookkeeping, job costing, CFO advisory
- ControlQore setup and managed for you every month
- Monthly WIP standard in Executive tier
- Full pricing published — no discovery call to find out costs
- Vetted partners for bonding, lending, lien services, payroll
- Prevailing wage and Davis-Bacon specialty
What We See in This Business
01
Provincial Holdback Requirements Are Mismanaged
Canadian construction law requires holdbacks — typically 10% — held until lien periods expire. Most Canadian subcontractors don't track holdback position accurately and have no real-time visibility into when releases are expected. Holdback sits on the balance sheet as an unknown.
02
HST/GST Complexity Adds Accounting Risk
HST and GST input tax credits, place of supply rules, and construction-specific GST/HST elections create accounting complexity that generic bookkeepers handle incorrectly. Misclassified HST creates CRA exposure and incorrect job costing.
03
Nobody Is Serving Small Canadian Contractors
Most construction CFO firms either don't serve Canada at all or focus on larger Canadian contractors doing $20M+. The $1M–$12M Canadian commercial subcontractor — concrete, civil, electrical, mechanical — is underserved by firms with genuine construction finance expertise.
How SPM Fixes It
Provincial Holdback Tracking
We build holdback tracking into your ControlQore job cost and WIP so you know exactly how much is outstanding by project, province, and expected release date. Executive clients see holdback position on their monthly WIP schedule.
HST/GST Compliant Bookkeeping
We structure your books to handle HST and GST correctly — input tax credits, place of supply, construction elections — so your CRA filings are accurate and your job costing reflects true cost net of recoverable tax.
Remote Engagement Nationwide
SPM serves Canadian clients remotely across all provinces. The weekly bookkeeping work, monthly meetings, and CFO advisory all happen virtually. Geography is not a constraint — we serve BC to Nova Scotia.
Service Tiers
Tier 01
Core Financial
Starts at $1,900 / month
- ControlQore setup and management
- Job costing aligned to your estimate structure
- Cost-to-complete tracking — updated monthly
- Full-service bookkeeping — minimum 30 min/week
- Vendor payments via ACH (you approve, we initiate)
- Accounts receivable management
- Bank reconciliations and transaction matching
- Controllership
- 1 monthly CFO meeting
- 60-day onboarding — books migrated to last taxable year
Most Popular
Tier 02
Executive Financial
Starts at $2,900 / month
- Everything in Core Financial
- Monthly WIP schedule — delivered every month, standard
- 13-week cash flow forecasting
- CEO Report — monthly financial dashboard
- 3 CFO advisory meetings per month
- Strategic accountability and actionable to-dos
- Direct access to Josh Luebker
Pricing by Revenue
Revenue Range
(Last 12 Months) |
Core Financial
Monthly |
Executive Financial
Monthly |
| Under $1M | $1,900 | $2,900 |
| $1M – $3M | $2,600 | $3,600 |
| $4M – $6M | $3,800 | $5,500 |
| $7M – $9M | $5,100 | $6,900 |
| $10M – $12M | $6,100 | $8,500 |
| $13M+ | Quoted | Quoted |
Vetted Partner Network
National Lien Services
When AR gets too long, we connect you directly to our lien services partner to protect what you've earned.
Additional cost — not included in monthly fee
Payroll Integration Partners
Prevailing wage and regular payroll software partners integrated directly with ControlQore job costing.
Additional cost — not included in monthly fee
Bonding Partners
Surety relationships and bonding capacity support. We prepare the financials — our partners get you bonded.
Additional cost — not included in monthly fee
Lending Partners
Working capital lines and equipment financing through vetted lenders who understand construction.
Additional cost — not included in monthly fee
Reviewed Financials
CPA-level financial statement reviews for banking, bonding, and large contract requirements.
Additional cost — not included in monthly fee
CPA Coordination
We work alongside your existing CPA — not replacing them. Clean books and job costing make tax time easier.
Included — no extra cost
Common Questions
Straight answers.
Does SPM understand Canadian construction law?
Yes. Provincial holdback requirements, lien legislation, and construction contract structures in Canada are different from US law — and we build your financial systems around Canadian requirements. For legal questions we work alongside Canadian construction lawyers the same way we work alongside your CPA.
What provinces does SPM serve?
All provinces. SPM serves Canadian contractors remotely nationwide — BC, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and the Atlantic provinces. All work is done virtually.
Is pricing in USD or CAD?
Pricing for Canadian clients is quoted in CAD at equivalent rates. Contact us to discuss Canadian client pricing.
What's included in Core Financial?
ControlQore setup, job costing aligned to your estimates, cost-to-complete tracking, full bookkeeping (minimum 30 min/week), ACH vendor payments (you approve, we initiate), AR management, bank reconciliations, transaction matching, controllership, and 1 monthly CFO meeting. Starts at $1,900/month.
What does Executive Financial add?
Everything in Core plus monthly WIP schedule, 13-week cash flow forecasting, CEO Report, and 3 CFO advisory meetings per month. Starts at $2,900/month. WIP, cash flow forecasting, and the CEO Report are Executive tier only.
Do you handle payroll?
No. We have vetted payroll software partners — including prevailing wage integrations — that connect directly with ControlQore. Those are separate engagements at additional cost.
How long does onboarding take?
60 days. We migrate your books to the start of your last taxable year, set up ControlQore, and build your job costing structure. Fully operational in two months.
What software do clients use?
ControlQore. All SPM clients run on ControlQore for job costing and WIP. We set it up and manage it — you don't have to learn it. Clients switching from QuickBooks, Sage, or other platforms migrate during onboarding.
Do you work alongside our CPA?
Yes. We work alongside your existing CPA — not replacing them. Clean books and accurate job costing make their job easier at tax time.
What happens when we grow past $12M?
We have a clear graduation path. We prepare your financials, systems, and team for the transition and connect you with the right firm for your next stage of growth.