The Construction Lien Amendment Act, 2017, also known as Bill 142, received Royal Assent on December 12, 2017. Bill 142 introduces significant amendments to Ontario’s Construction Lien Act, involving:
- Modernization of the construction lien and holdback rules;
- Institution of a promptness of payment regime; and
- Adoption of a new adjudication model that will promote expediency.
Several non-substantive amendments in Bill 142 came into force as of December 12, 2017 – mainly affecting wording and definitional changes at this time. The substantive amendments in Bill 142 will come into force on proclamation by the Lieutenant Governor, which is expected to be in 2018. For more information, please read the Ministry of the Attorney General news release here. To assist you in understanding and responding to the impacts of Bill 142, BLG Ottawa will be hosting a breakfast symposium on February 15, 2018. Please visit our website for more details. Invitations for this event will follow at a later date.