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19Nov

Prompt Payment Legislation in Alberta: Changes and Clarifications

On October 26, 2020, we provided an overview of the key features of Bill 37, Builders' Lien (Prompt Payment) Amendment Act, 2020, which is intended to amend the Alberta Builders' Lien Act (BLA) and become the Prompt Payment and Construction Lien Act. On October 28, 2020, Bill 37 passed its second reading in the Legislature of Alberta and on November 4, 2020, an amendment to Bill 37 titled Amendment A1 was carried. This amendment made substantial modifications to Bill 37 including......
By: Bennett Jones LLP
Source Url: https://www.jdsupra.com/legalnews/prompt-payment-legislation-in-alberta-22904/

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