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ARTICLE · 11 OCTOBER 2019

Prompt Payment For Construction In Ontario

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Prompt payment arrived for Ontario's construction industry October 1, 2019. The final stage of implementation of the changes introduced the Construction Lien Amendment Act, 2017

CanadaReal Estate and Construction

Prompt payment arrived for Ontario's construction industry October 1, 2019. The final stage of implementation of the changes introduced the Construction Lien Amendment Act, 2017, came into force on October 1, 2019. Subject to a grandfathering period for existing contracts and contracts for which the procurement process was begun prior to October 1, the new prompt payment regime set out in Part I.1 of the renamed Construction Act (Ontario), will apply to all construction contracts entered into after October 1, 2019. Both payors and payees must create the systems and procedures now in order to be in a position to comply with the tight time limits that will apply under the prompt payment regime.

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