Timely Payment for Construction Services almost a Reality

April 9, 2014
Blog Post

Ontario’s current lien system, as established by way of the Construction Lien Act, addresses those who default on payment, without offering a practical solution for those who are simply slow to pay. This forces many workers to settle for less than what was contractually agreed upon in order to guarantee themselves some form of compensation. Other countries have solved this problem with prompt payments laws. Finally, with Bill 69, the Prompt Payment Act, 2013, Canada is one step closer to the same reality.