HPAC Magazine
News

Update on prompt payment legislation


Print this page

February 17, 2017

On February 6, 2017 the National Trade Contractors Coalition of Canada (NTCCC) met in Ottawa with senior representatives from Public Services and Procurement Canada’s (PSPC) Prompt Payment Task Force to discuss actions that could be implemented to support Bill S-224: Canada Prompt Payment Act, such as payment notification by the owner, in this case the Federal Government. NTCCC representatives stressed the need for federal prompt payment legislation noting that any non legislated approach would not be successful.

On Tuesday, February 7, NTCCC participated in a “Day on the Hill” event meeting with numerous Members of Parliament, Senators, and senior advisors soliciting their support for Bill S-224. The next day NTCCC appeared once again before the Senate Banking Trade and Commerce Committee providing testimony in support of the Bill.

Other organizations and individuals also provided testimony on February 2, 8, 9 and 15. NTCCC is optimistic that the Senate will do the right thing and this Bill will pass 3rd reading and then move on to the House of Commons.
On another front, the Coalition agreed to work on another priority and extremely important industry issue specifically the acceptance (or otherwise) of change orders.

“The National Trade Contractors Coalition of Canada recognizes that trade contractors depend on cash flow to survive. The Coalition’s efforts to make prompt payment legislation a reality in this country speaks to this as does our new initiative on change orders and we will be working on this in the weeks and months ahead,” said John Galt, NTCCC chairman.

The National Trade Contractors Coalition of Canada (NTCCC) was established in 2004 to provide an organized forum for Canada’s national trade organizations to share information, resources, and to collaborate on issues that are of common interest to all. The membership is currently comprised of: Canadian Roofing Contractors Association, Canadian Automatic Sprinkler Association, Canadian Masonry Contractors Association, Canadian Electrical Contractors Association, Mechanical Contractors Association of Canada, Interior Systems Contractors Association, Thermal Insulation Association of Canada, Heating Refrigeration and Air-Conditioning Institute of Canada-Contractors Division, Sheet-Metal Contractors Association, and the Canadian Institute of Steel Construction.


Print this page



Related




No Comments » for Update on prompt payment legislation
1 Pings/Trackbacks for "Update on prompt payment legislation"
  1. […] post Update on prompt payment legislation appeared first on HPAC […]

Have your say:

Your email address will not be published. Required fields are marked *

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.