With the price of materials skyrocketing, it’s getting difficult for contractors to front the cost for construction projects without knowing when they’ll be reimbursed.

The New Brunswick Construction Association is calling for that to change as soon as possible.

Executive director John-Ryan Morrison calls it the number one issue stopping construction companies from growing, followed by an industry-wide labour shortage.

“Currently New Brunswick has no payment timeline in the construction industry, and when payments are delayed in any part of the process, contractor cashflow is directly affected,” he said in an interview on Thursday.

In his state of the province address in early April, Premier Blaine Higgs said he was committed to passing prompt payment legislation in 2022, saying it should be introduced in the spring or fall of this year.

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