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British Columbia introduces bill to speed contractor payments and ease cash flow issues.
British Columbia has introduced a new bill aimed at speeding up payments to construction contractors, addressing long-standing delays in the industry.
The legislation seeks to establish clearer timelines for payment releases and strengthen enforcement mechanisms to ensure contractors receive funds more promptly.
The move is intended to improve cash flow for small and medium-sized firms, reduce financial strain, and support project continuity across the province.
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British Columbia introduce un proyecto de ley para acelerar los pagos a los contratistas y aliviar los problemas de flujo de efectivo.