Estimate statutory holdback amounts and lien periods for Canadian provinces. Rates and periods vary by jurisdiction.
Enter the contract or milestone amount before platform fees.
Holdback rate
10%
Holdback amount
$1,000.00
Contractor payout now
$9,000.00
Lien period
55 days
For British Columbia, a holdback of 10% ($1,000.00) is typically held for 55 days after payment.
Estimated release date: September 4, 2026. The contractor would receive $9,000.00 initially.
This calculator is for planning purposes only. TradeSkor applies holdbacks automatically on marketplace payments when the job location includes a recognized Canadian jurisdiction.