Delayed payments are a harmful practice in Canada’s construction industry. They are a significant problem for small businesses, their employees and families, and taxpayers. This issue has led to layoffs, bankruptcies, higher construction costs and fewer competitive bids in the construction sector, which has driven up prices for consumers, governments, and taxpayers.
Ontario Passes Bill C-45 Construction Lien Amendment Act – December 5, 2017
Toronto, ON (December 5, 2017) – Today, Bill 142, the Construction Lien Amendment Act, was passed with a unanimous vote at Queen’s Park, and marks a pivotal moment wherein the rights and securities of Ontario’s workers will now be held to a much higher standard. This is the first legislation of its kind in Canada and hopefully will serve as a guide for the rest of the country looking to put forth their own legislation that will protect the financial security of Canadians from coast to coast. Prompt Payment Passsed.
Our industry is pushing for every Member of Parliament to support this initiative.
Click one of the following links and follow the easy steps to have your voice heard!