The New Construction Act
At the end of 2017, Ontario passed legislation to improve the efficiency and competitiveness of the construction sector.
What does this mean for us every day and how will this affect our business?
The Construction Lien Amendment Act, 2017 includes new prompt payment rules to ensure Ontario construction businesses and workers get paid on time for the work they do. The changes will also modernize the lien and holdback process, help protect creditors and set out a new adjudication process to resolve payment disputes faster.
Thanks to Kennaly Construction Law we are pleased to share this presentation to help answer questions you may have: