Holdbacks (10%) and limits of liability of Owners to Contractors and Contractors to subcontractors, subcontractors to sub-subcontractors, pursuant to Construction Act of Ontario
The Construction Act of Ontario, initially known as the Construction Lien Act, has undergone significant amendments to address and improve the fairness and efficiency of the construction payment system and to enhance dispute resolution procedures. Among its key provisions are those related to holdbacks and limits of liability, which play a crucial role in managing[…]