Trade contractors celebrate passing of federal prompt payment law
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“We have been working on this issue for well over a decade and are very happy today,” said Sandra Skivsky, Chair of the National Trade Contractors Coalition of Canada (NTCCC). “Prompt payment is crucial to the efficiency of all construction work throughout the sector, on jobs big and small.”
NTCCC has been spearheading the initiative to have federal prompt payment adopted, and its members have been instrumental in work to have legislation passed in provincial legislatures over recent years.
“We wish to commend all partners in government, including the Minister of Public Services and Procurement Canada, Minister of Finance, and our champions in the House of Commons and the Senate, the Hon. Judy Sgro, Parliamentary Secretary Steven MacKinnon, and Senator Don Plett for the incredible work they have done to get us to this point,” Skivsky added.
NTCCC is also grateful for the participation of other stakeholders, and for the tireless work of civil servants and political staff who recognized the importance of small businesses getting paid on time for work that has been certified and completed.
