What you need to know about Changes to the Builders’ Lien Act

The Builders' Lien Act in Alberta is undergoing major updates through Bill 37, which will be renamed the Prompt Payment and Construction Lien Act. The legislation introduces "prompt payment" provisions with mandatory payment timelines based on the issuance of a "proper invoice." Owners will have 28 days to pay contractors after receiving a proper invoice, unless they dispute the amount within 14 days. The new act also introduces an adjudication process to resolve disputes without going to court. The timeline to register a lien will be increased to 60 days (90 days for concrete work). These changes will have a significant impact on all construction projects in Alberta, including new condominium construction, maintenance, and renovation work.