Advocacy Update
Bill 48: Red Tape Reduction Implementation Act received third reading and Royal Assent on December 9th, solidifying substantial legislative changes that will save member companies millions of dollars while helping to preserve housing affordability. BILD Alberta originally submitted 29 Red Tape Reduction recommendations in October 2019. Since that time:
  • 8 recommendations have been adopted by the Province;
  • 17 remain under consideration or in progress; and
  • 4 will not be going forward.

To better understand the progress made to-date and provide updates on other items, BILD Alberta has compiled a brief table with information on the status of each of the industry’s recommendations, including next steps where applicable.

Builders' Lien Act Amendments - Prompt Payment
Consultation on Regulations
While BILD Alberta remains focused on modifying the 28-day prompt payment period, Service Alberta has initiated consultations on the regulations that will establish the rules for Prompt Payment Adjudication and Progressive Release of Holdbacks.

BILD Alberta is looking for members familiar with the Builders' Lien Act and holdback processes to provide input that will help shape these regulations. If you are interested in getting involved, please contact Laara Braz.

Prompt Payment Resources
BILD Alberta is developing resources to help members better understand the rules surrounding Prompt Payment and how it may impact your business. Materials will be made available in January but until then, preliminary resources can be found on our website and on the Government of Alberta’s website.
STANDATA - Adhered Masonry Veneer
Adhered Masonry Veneer - Generic Engineered Details for Part 9 Residential Buildings is now available. To view all Building STANDATA click here.
Upcoming Webinars
BILD Alberta is excited to start the year with a couple webinars for members to enjoy for free. For more information and to register click on the links below:
  • Year in Review - January 13 at 1 pm. Join CHBA CEO, Kevin Lee and BILD Alberta Executive Director, Scott Fash as they discuss how the provincial and national associations have been working hard to deliver value for membership.
  • Preparing for the Unexpected: 2021 Digital Strategy - January 20 at 1 pm - NextHome will be diving into the trends they are anticipating as we continue to move
  • Development Bonds - February TBD - Marsh Canada will be talking about this alternative financing option - watch for information in the New Year.

Interested in presenting a session to members? Contact us.
Housing Data
The following table provides a snapshot of Alberta’s starts, inventory and sales. More information of the individual centres is available in the local reports.

Warm Holiday Wishes
Wishing you and your family a healthy and happy 2021!

Our office will be closed December 24 - January 1.