COVID-19 Construction Law Update #2 – Holdback Release
The Ontario government has confirmed that the suspension of limitation periods will not apply to construction liens. The expiration of liens will allow owners and mortgagees to release holdbacks to pay contractors and subcontractors after a project has ended. As background, under the Construction Act, each “payer” in a construction project must hold back 10 … Continue reading COVID-19 Construction Law Update #2 – Holdback Release
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