In the federal budget announcement on March 19, 2019, Finance Minister Bill Morneau further solidified the Canadian government’s commitment to the implementation of federal prompt payment legislation and adjudicative measures. The Canadian Institute of Steel Construction (CISC) strongly supports the Canadian government’s action against the systemic issue of delayed payments in the construction industry.
With the ongoing involvement from the CISC to ensure prompt payment legislation across Canada, Premier Stephen McNeil commits to introducing prompt payment for the 2019 Spring session.
The American Institute of Steel Construction (AISC) launches a trade action against China, Mexico and Canada on certain fabricated structural steel products. The CISC is confident that these investigations will prove that imports from Canada are fairly traded and cause no injury to U.S. producers.
Canada’s Finance Minister, Bill Morneau presents the 2018 Financial Economic Statement in the House of Commons with a mandate to invest in middle-class jobs. The announcement included a commitment to passing federal prompt payment legislation that will help to resolve the systemic issues of delayed payments in Canada’s construction industry.
With the support of the CISC and industry stakeholders, leading consultants confirm that Canada is in need for prompt payment and adjudication legislation for federal projects across Canada. Their recommended solution is structured similarly to the legislation that was introduced in Ontario in 2017.
Saskatchewan will introduce amendments to the current Builders’ Lien Act to include prompt payment and adjudication provisions that ensures invoices are paid within a 30-day window. The CISC is actively working closely with government officials to ensure that the right changes will be made.
The CISC provided recommendations to the Canadian government to advocate for the needs and concerns of the steel industry, as well as the downstream industries that are also affected during this challenging time.
The CISC hosts a Day at the National Assembly to meet with caucus members to discuss issues and concerns affecting the steel industry, including the topic of U.S. and Canadian steel trade tariffs.
The CISC’s efforts in pushing prompt payment across the country has resulted in Canada’s second province developing legislation that protects our tradespeople from the negative effects of delayed payments!
This act restricts procurement opportunities for companies from states in the U.S. that have or will pass the Buy American Act. The CISC’s endless advocacy efforts has taken Canada one step closer to ending unfair one-way trade practices.