MMiller Thomson LLPToronto, ON · October 21, 2026
Ontario’s mandatory annual holdback release starts in 2027: What owners and contractors need to know
Starting in 2027, all Ontario project owners with contracts entered into on or after January 1, 2026, and most owners with contracts dating back to July 1, 2018, must start releasing statutory holdback to their contractors on an annual basis. This requirement is the latest in a series of construction payment reforms under Ontario’s Construction...
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