Background Information

In 2012, CANS, with broad industry support, proposed amendments to the Builders’ Lien Act, based in part on public consultation and review. Those recommendations included:

• Adapting amendments for progressive release of holdbacks
• Amending disbursement of finishing holdback
• Establishing a single, central point of publication for public notice of substantial completion

All three amendments have been proclaimed and are in full effect.

Click here for more information about the regulatory changes to the Builders’ Lien Act.