There are examples of contractors who have made credit purchases from the local suppliers, used the material on their projects, received the payments from the projects and THEN diverted away the funds to make personal property purchases in the hope to make huge profits at the cost of creditor's funds. The creditors have been waiting for months and years in the hope that the company would receive the project funds (the companies always say that they did not receive the project payments yet, to their suppliers). This is also the core reason of delayed payments to their company workers. Therefore there is an urgent need of CRA to introduce fair business practices while the country marches head towards the progress in every segment.
There are examples of contractors who have made credit purchases from the local suppliers, used the material on their projects, received the payments from the projects and THEN diverted away the funds to make personal property purchases in the hope to make huge profits at the cost of creditor's funds. The creditors have been waiting for months and years in the hope that the company would receive the project funds (the companies always say that they did not receive the project payments yet, to their suppliers). This is also the core reason of delayed payments to their company workers. Therefore there is an urgent need of CRA to introduce fair business practices while the country marches head towards the progress in every segment.