Builders’ Lien Act Amendments Introduced
In fall 2020, the Government of Alberta passed changes to the Builders’ Lien Act to address payment issues in Alberta’s construction industry and introduce an adjudication process for non-payment that will provide business owners an alternative to court.
The goal is to reduce the need for liens and court actions, unlock cash flow, and provide certainty to this multi-billion dollar sector of Alberta’s economy.
In spring 2021, additional changes are proposed as part of the Red Tape Reduction Implementation Act to address the proposed adjudication model and application of the Act to public-private partnerships and professional construction consultants.
If the additional changes are passed, all changes to the Builders’ Lien Amendment Act will be proclaimed in force at the same time.
You can find further details on the changes as well as a fact sheet here.