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New Construction Lien Act Seminar
2018-06-05 @ 8:00 am - 10:00 am
The new Construction Act in Ontario: A review of the significant changes from the previous Construction Lien Act.
1. Brief overview of the previous Construction Lien Act;
a. Trust Provisions
b. Liens and Holdbacks
2. Grandfathered Projects – Which projects are governed by the previous Construction Lien Act and which projects are governed by the new Construction Act?
3. Are you ready? A summary of the Construction Act changes coming into force on July 1, 2018:
a. Trust Accounting
b. Changes to Holdback Practices;
c. Extension of the 45 Day Lien Period
d. Miscellaneous Changes.
4. Prepare for the future – A summary of the Construction Act changes coming into force on Oct. 1, 2019 and how to be ready:
a. Prompt Payment
b. Construction dispute adjudication process.
This event is organized by the Barrie Construction Association. Click here to register.