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ARTICLE · 08 MARCH 2022

Alberta Publishes Regulations To The Prompt Payment And Construction Lien Act

Blake, Cassels & Graydon LLP
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The following is an update to our November 2020 and April 2021 bulletins about the introduction of the Alberta Prompt Payment and Construction Lien Act (Prompt Payment Act).

CanadaReal Estate and Construction

The following is an update to our November 2020 and April 2021 bulletins about the introduction of the Alberta Prompt Payment and Construction Lien Act (Prompt Payment Act). Both bulletins highlighted that regulations to further define the Prompt Payment Act had not yet been introduced. At those times, the Prompt Payment Act had also not yet come into force.
On February 25, 2022, the Alberta government announced that the Prompt Payment Act would come into force on August 29, 2022.

Also on February 25, 2022, the Lieutenant Governor in Council filed an Order in Council containing the Prompt Payment and Adjudication Regulation, Alta Reg 23/2022 (Regulation). The Regulation will also come into force on August 29, 2022.

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