B.C. to introduce legislation regulating on-time construction payments
New law sets clear payment deadlines and fast dispute resolution, aiming to reduce billions in annual costs and support more than 260,000 construction workers, industry groups said.
- Legislation has been proposed in British Columbia to guarantee that construction workers and contractors throughout the province receive timely payment.
- This action follows years of advocacy by industry groups and reflects chronic delays in payments that have caused hardship, especially for small and medium-sized contractors.
- Attorney General Niki Sharma emphasized that the bill establishes clear payment rules and provides an efficient process to resolve disputes, which supports both workers and economic growth.
- Current major projects underway in B.C. have a combined worth of approximately $158 billion, with an additional $173 billion in proposed developments expected in the future; industry organizations broadly endorse the legislation as an essential initial measure.
- The law will take effect after a transition period and requires further steps, including clear regulations and an adjudication authority, to ensure payment certainty industry-wide.
25 Articles
25 Articles
The Toronto Star
B.C. to introduce legislation regulating on-time construction payments
VICTORIA - The British Columbia government is introducing new legislation aimed at making sure construction workers and contractors are paid on time.
B.C. introduces prompt payment legislation - On-Site Magazine
(Photo: Adobe Stock/Zolnierek) The British Columbia government has introduced a bill that, once passed, will legislate prompt payment within the province’s construction industry. The British Columbia Construction Association (BCCA) says the long-awaited and critical reform follows decades of advocacy by them, as well as other industry leaders across the province. The province says chronic delays in payments have created financial hardship for ma…
B.C. to introduce legislation regulating on-time construction payments – Energeticcity.ca
VICTORIA — The British Columbia government is set to introduce new legislation aimed at making sure construction workers and contractors are paid on time. Attorney General Niki Sharma says the bill is about fairness, and setting clear rules for payment while providing an efficient way to resolve payment-related disputes would support workers, small businesses and economic growth. A statement from Sharma’s ministry says the law would boost cash f…
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