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ARTICLE · 26 APRIL 2021

Updates To Bill 37: Builders' Lien (Prompt Payment) Amendment Act, 2020

Miller Thomson
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On April 8, 2021, the Government of Alberta introduced Bill 62, Red Tape Reduction Implementation Act.

CanadaReal Estate and Construction
Emma Johnston
Emma Johnston
D. Bronwhyn Simmons
D. Bronwhyn Simmons
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Julia Amelio
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On April 8, 2021, the Government of Alberta introduced Bill 62, Red Tape Reduction Implementation Act. The Bill passed its first reading the same day. If Bill 62 receives royal assent, it will bring further changes to the Builders' Lien (Prompt Payment) Amendment Act, 2020.

Miller Thomson last provided insight into Bill 37, the Builders' Lien (Prompt Payment) Amendment Act, 2020 late last year. Bill 37 received royal assent on December 9, 2020, and is due to be proclaimed into law in July 2021. Our previous updates discuss the new Builders' Lien (Prompt Payment) Amendment Act, 2020 (the "Act") in further detail.

These changes add additional shape to the final system, however, as the regulations remain outstanding, questions remain. A discussion of the current update is below.

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