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Changes to Ontario's Construction Act

Changes to Ontario's Construction Act

The review of Ontario’s Construction Lien Act (Act) began in February 2015 and in August 2016 the review committee presented its recommendations for improving the Act, which we've previously discussed. The committee reviewed the Act for lienability, preservation & perfection of liens, holdbacks, legal procedure, construction trusts, prompt payment, adjudication, surety bonds etc. In this article, we will review the broad changes being made to the Act, through Bill 142, as well as anticipated implementation dates.

 

EC: UCCs Have Priority Over 503(b)(9) Claims

EC: UCCs Have Priority Over 503(b)(9) Claims

In this NCS Extra Credit installment, Nikki Nevar (UCC Specialist) explains why a UCC has priority over 503(b)(9) claims. {% module_block module...

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Consignment or Bailment?

Consignment or Bailment?

For creditors, Consignment and Bailment transactions get a little fuzzy. In this infographic we'll compare Consignment and Bailment and offer some...

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The Proof of Claim ABCs

The Proof of Claim ABCs

In this NCS Extra Credit installment, Danielle Moon (Collection Services Group) and Jerry Bailey (Executive Sales and Education Services Manager)...

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