Bill 37 Builders’ Lien (Prompt Payment) Amendment Act, 2020 passed the first reading on October 21, 2020. If passed, the proposed amendment to the current Builder’s Lien Act, would, among other changes, establish clear statutory timelines for payments to contractors, subcontractors, and suppliers throughout the construction industry.
Stay tuned for more detailed commentary from Goodfellow & Schuettlaw on the proposed Bill 37. In the interim, should you have any questions regarding the pending legislation or Builders’ Liens generally please contact Adrianna Worman at aworman@gfslaw.ca or (403) 668-9195.