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The trouble with money

Thursday, May 14, 2015 @ 8:00 PM | By Brendan Bowles

The world has changed significantly since the early 1980s, and so has construction. However, the Construction Lien Act received its last major update in 1983 when it replaced the previous Mechanics Lien Act. Anyone involved in the industry appreciates that 30 years later there is a pressing need for modernization, and considerable frustration within certain segments of the construction industry with perceived cash-flow problems and slower payment times. This sense of unrest and desire for change became evident last year when Bill 69, a private member’s...