New Construction Lien Act
On July 1, 2018, the Construction Lien Act will be renamed the Construction Act. The Act has been modernized and provides 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 will come into force on July 1, 2018.
Topics include:
- The Big Changes made by the Construction Lien Amendment Act:
- New preservation and perfection deadlines
- Changes to the Holdback Provisions
- Prompt Payment Provisions
- New Adjudication Provisions
- Changes to the Trust Provisions
- Surety Bonds
- Transition rules
- Overview of the new Regulations
Speakers:
Anna Esposito & Maria Ruberto; Partner, Pallett Valo LLP
date:
July 11, 2018 (half-day seminar)
SOLD OUT–Next session Oct. 4
SOLD OUT–Next session Oct. 4
schedule:
Wed. 9am – 12pm
where:
Richmond Country Club, 8905 Bathurst St.,
Richmond Hill, ON L4C 0H4
Richmond Hill, ON L4C 0H4
speakers:
Anna Esposito and Maria Ruberto,
Partner, Pallett Valo LLP
Partner, Pallett Valo LLP
TCA member:
$150.00 + HST
non-member:
$175.00 + HST