BILD Alberta concluded stakeholder consultation with Service Alberta on the development of regulations for prompt payment and brought forth members concerns while continuing to advocate for a balanced approach. Service Alberta intends to proclaim the regulations and legislation on July 1, 2021 at which time staff will draft resource materials to outline the implications of prompt payment on member businesses as more information becomes available. BILD Alberta has prepared an overview of the latest engagement session and what is currently proposed.
BILD Alberta is engaged with Municipal Affairs on amendments to the Off-Site Levies and Subdivision and Development Regulations. The proposed amendments focus on administrative items based on Bill 48, which comes into force on June 2, 2021. Municipal Affairs indicated a more fulsome review of the regulations will take place this fall, including reviewing BILD Alberta’s recommendations surrounding:
- Preventing double-taxation of Albertans.
- Ensuring proper stewardship of hundreds of millions of dollars.
- Limiting unnecessary spending.
- Encouraging private sector investment in job-creating projects.
Industry Approach to Reducing Greenhouse Gas Emissions in Housing
Recommendations from BILD Alberta’s project on an Industry Approach to Greenhouse Gas Emissions in Housing will be presented to the Board of Directors in April. Once finalized, key findings, recommendations and next steps will be made available to members.
Alternatives to Infrastructure Financing
BILD Alberta is in the preliminary stages of conducting a comprehensive review of the current off-site levy mechanism and identifying alternatives to fund future infrastructure projects. The review and assessment will focus on:
- A cross-jurisdictional analysis of infrastructure financing alternatives.
- Analysis of the current off-site levy regime including proposed modifications to address existing challenges.
- Outline of costs, benefits, and drawbacks of any proposed solutions.
Digitizing Signatures and Transactions
Staff are preparing a submission to Service Alberta on increasing the use of digital signatures as part of real estate transactions and land title registries to streamline processes. This would align with Service Alberta’s goal to develop and implement a digital strategy that ensures all new systems are digital by default and improve Albertans’ access to government services.
If you would like more information on any of the above, please reach out to Saheb Dullet.