The New Construction Act

On July 1, 2018, the Construction Lien Act was amended and renamed the Construction Act.

The Act has been modernized and will ultimately provide for promptness of payment at all levels of the construction pyramid and efficiency of dispute resolution on projects.

There are two key dates when the amendments will come into force:

Amendments with respect to Prompt Payment, Adjudication and Liens against Municipalities will come into force on October 1, 2019;

All other amendments to modernize the Act and Holdback Rules came into force on July 1, 2018.

The Restoring Trust, Transparency and Accountability Act (Bill 57-December 6, 2018 Schedule B) has already made further amendments to the Construction Act.

Topics include:

  • Why you need to still know the ‘old’ Act ( Transition Rules)
  • New preservation and perfection deadlines
  • Changes to the Holdback Provisions
  • Changes to the Trust Provisions
  • New Interim Adjudication Provisions
  • New Prompt Payment Regime
  • Mandatory prescribed Surety Bonds on Public Projects
  • New preservation rules for liening Municipalities
  • Overview of the new Regulations
date:
Fri. Jun. 21, 2019 CLASS FULL
where:
5110 Creekbank Road, Mississauga L4W 0A1
instructors:
 
Anna Esposito, Partner, Pallett Valo LLP
Maria Ruberto, Partner, Pallett Valo LLP
date:
Wed. Oct. 9, 2019
where:
TCA, 70 Leek Cresc., Richmond Hill, ON
instructor:
Mr. Michael Swartz, WeirFoulds LLP
schedule:
9am – 12pm
TCA member:
$150.00 + HST
non-member:
$175.00 + HST