Today, Doug Downey, Attorney General of Ontario, issued the following statement:
“Our government is pleased to announce the full implementation of Canada’s first-ever prompt payment regime and a new, streamlined dispute resolution process that will cut red tape to support jobs and growth in Ontario’s construction industry.
Ontario is open for business and open for jobs, and these industry-leading changes demonstrate our government’s commitment to restoring our province as an economic powerhouse.
Effective today, subject to transition rules, these changes to the Construction Act will help prevent payment disputes from delaying work on construction projects, speed up the payment process and reduce time and money spent on litigation. This will ensure workers and businesses are paid on time and disputes are resolved quickly.
We would like to thank Ontario’s construction sector for sharing their expertise and continued support as we work together to grow jobs and the economy in our province. Today marks a new and prosperous era for our construction industry and thousands of businesses, workers and their families.”