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Construction industry welcomes prompt payment law but details need to be 'figured out'

from iPolitics

Canada’s construction industry is applauding a new law setting out legislated timelines for when the federal government must pay its contractors for construction work, though it cautions that more work is needed before the changes can take effect. The Federal Prompt Payment for Construction Work Act, which formed part of the Liberal government’s sprawling 2019 budget implementation bill, requires Ottawa to pay contractors for their work within 28 days of receiving an invoice. more


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