Browsing Tag: prompt payment

How does Prompt Payment Work in Ontario? Simplified.

Prompt payment has come into effect in Ontario on October 1st, 2019. Does everyone understand what it all means and how it works? One of my connections on LinkedIn brought up how some general contractors were avoiding the…

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Bill 142: Construction Act

“Coles notes” of what you need to know. It’s been 35 years since any major revisions of the Construction Lien Act. Let’s welcome Bill 142: Construction Act. The primary goals are to positively influence contractor cash flow and…

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