Prompt Payment in Alberta: One Big Step Closer
On October 21, 2020, Bill 37: Builders’ Lien (Prompt Payment) Amendment Act, 2020 passed First Reading in the Alberta Legislature. Bill 37 would introduce significant changes to the Alberta Builders’ Lien Act, particularly by introducing statutory deadlines on payments in the construction chain, known commonly as “prompt payment”, and by establishing an “adjudication” mechanism to […] Read More
October 22, 2020