A photo of a building plans (Black Press Media)

CHBA Central Okanagan says ‘No’ to Liberals ‘Prompt Payment Bill’

The Bill pushes for companies to pay contractors in under a month

The Canadian Home Builders Association of Central Okanagan (CHBA-CO) is opposing the B.C. Liberals prompt payment legislation.

The Private Members’ Bill M 223, Prompt Payment (Builders Lien) Act aims to ensure contractors and subcontractors are paid in a timely manner. It requires companies to pay contractors within 28 days of receiving an invoice, and subcontractors to be paid seven days after by the contractors.

“To be clear, opposing this bill does not mean we do not believe in paying people on time,” said the president of CHBA-CO Cassidy deVeer.

READ MORE: Letters on way to all homeowners in B.C. speculation tax communities

deVeer said CHBA-CO members sign a code of ethics before joining and they commit to fair payment.

“Currently, the Provincial Builders Lien Act covers all forms of construction in B.C. – residential, commercial, and industrial, which allows contractors to place liens on homes if bills aren’t paid,” said deVeer.

According to deVeer, CHBA-CO is concerned about contractors being forced into an adjacent process which legal fees could cost more than say an example of an invoice of $800.

She said the residential construction industry wasn’t given an option to voice their concerns before the private member’s bill was introduced in the Legislature.

READ MORE: 99% of B.C. homeowners exempt from speculation and vacancy tax

“We have been trying to communicate with government that Ontario is starting a similar program in the fall and we will have a real-time case study to see how it works before implementing it in this province,” said deVeer.

CHBA BC’s 2,100 members are small business home builders, renovators, and suppliers.

READ MORE: UBC prof says report citing $89B home equity loss a ‘grassroots movement of the rich’

She said the suggestion of a 28-day pay period through prompt payment does not take into account that most payments are monthly. This will disrupt regular payment and invoicing cycles if the time limit is not even a full month in length.

Homebuyers would also be affected in the case of a dispute and the legal process could stretch out construction timelines and delay occupancy.

In 2017, Ontario passed legislation mirroring Bill M 223.


Like us on Facebook and follow us on Twitter.

Just Posted

RCMP spike belts help nab alleged Okanagan car thieves

RCMP arrested two Kelowna men who attempted to evade two spike belts

Okanagan-Shuswap weather: mainly sunny

Environment Canada is calling for a chance of showers tomorrow across the Okanagan

McCurdy project in Rutland gets go-ahead from Kelowna councillors

Controversial supportive housing project expected to break ground this summer

Judas Priest rocks Kelowna’s Prospera Place

Judas Priest is on a 32 date tour of North America

PHOTOS: Elusive ‘ghost whale’ surfaces near Campbell River

Ecotourism operator captures images of the rare white orca

Victoria mom describes finding son ‘gone’ on first day of coroners inquest into overdose death

Resulting recommendations could change handling of youth records amidst the overdose crisis

Dash-cam video in trial of accused cop killer shows man with a gun

Footage is shown at trial of Oscar Arfmann, charged with killing Const. John Davidson of Abbotsford

Suicide confirmed in case of B.C. father who’d been missing for months

2018 disappearance sparked massive search for Ben Kilmer

Eight U.S. senators write to John Horgan over B.C. mining pollution

The dispute stems from Teck Resources’ coal mines in B.C.’s Elk Valley

Threats charge against Surrey’s Jaspal Atwal stayed

Atwal, 64, was at centre of controversy in 2018 over his attendance at prime minister’s reception in India

Emerging artists given chance at Shuswap’s Roots Blues Festival

Chosen participants can perform two 40-minute sets on the Wednesday or Thursday night, and more.

Anti-vaxxer Robert F. Kennedy Jr. to speak in Surrey

He’s keynote speaker at Surrey Environment and Business Awards luncheon by Surrey Board of Trade Sept. 17

Otters devour 150 trout at Kootenay hatchery

The hatchery has lost close to 150 fish in the past several months

Most Read