{"id":23855,"date":"2023-12-12T14:55:42","date_gmt":"2023-12-12T22:55:42","guid":{"rendered":"https:\/\/essential.construction\/news\/new-federal-prompt-payment-legislation-to-protect-construction-workers\/"},"modified":"2023-12-12T14:55:44","modified_gmt":"2023-12-12T22:55:44","slug":"new-federal-prompt-payment-legislation-to-protect-construction-workers","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/new-federal-prompt-payment-legislation-to-protect-construction-workers\/","title":{"rendered":"New federal prompt payment legislation to protect construction workers"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div>\n<p>Dec. 12, 2023 \u2013 Canada\u2019s federal prompt payment legislation has come into effect, as announced by\u00a0 Jean-Yves Duclos, Minister of Public Services and Procurement. The legislation aims to \u00a0address long-standing construction industry concerns, including the timeliness of payments, protecting vital construction jobs and making it easier to do business with the Government of\u00a0<span class=\"xn-location\">Canada<\/span>.<\/p>\n<p>Public Services and Procurement Canada collaborated with key construction industry stakeholders, as well as other government departments, to develop federal prompt payment legislation, which led to the\u00a0<i>Federal Prompt Payment for Construction Work Act<\/i>.<\/p>\n<p>Under the terms of the legislation, the federal government will have 28 calendar days to pay after the contractor submits a proper invoice. The contractor will then have seven days to pay its subcontractors, subcontractors will have another seven days to pay their sub-subcontractors, and so on down the contracting payment chain.<\/p>\n<p>The federal prompt payment legislation aims to ensure that each party in the construction chain receives timely payment for the construction work provided for a project.<\/p>\n<p>All existing construction contracts will have one year, as of <span class=\"xn-chron\">December 9, 2023<\/span>, to comply with the\u00a0<i>Federal Prompt Payment for Construction Work Act<\/i>.<\/p>\n<\/p><\/div>\n<p><script>(function(d, s, id) {\n\t  var js, fjs = d.getElementsByTagName(s)[0];\n\t  if (d.getElementById(id)) return;\n\t  js = d.createElement(s); js.id = id;\n\t  js.src = \"\/\/connect.facebook.net\/en_US\/sdk.js#xfbml=1&appId=761779333850340&version=v2.0\";\n\t  fjs.parentNode.insertBefore(js, fjs);\n\t}(document, 'script', 'facebook-jssdk'));<\/script><br \/>\n<br \/><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.canadiancontractor.ca\/canadian-contractor\/new-federal-prompt-payment-legislation-to-protect-construction-workers\/1003293414\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=new-federal-prompt-payment-legislation-to-protect-construction-workers\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dec. 12, 2023 \u2013 Canada\u2019s federal prompt payment legislation has come into effect, as announced by\u00a0 Jean-Yves Duclos, Minister of &#8230; <a title=\"New federal prompt payment legislation to protect construction workers\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/new-federal-prompt-payment-legislation-to-protect-construction-workers\/\" aria-label=\"Read more about New federal prompt payment legislation to protect construction workers\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":23856,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1090],"tags":[1091],"class_list":["post-23855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-canadian-contractor","tag-canada","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/23855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=23855"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/23855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media\/23856"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=23855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=23855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=23855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}