Thank you, Mr. Speaker. So the department is currently drafting the bill for the new Builders Lien Act, which will replace the existing Mechanics Lien Act, which is quite a bold piece of legislation. The legislative proposal, which is one of the very first steps in turning a need into a law, was submitted in summer of 2021, was approved in late November, and the drafting began earlier this year.

The department was hoping to introduce the bill last year but, you know, things take time and it's fallen a bit behind. Nonetheless, we are considering all the feedback that the Member referenced and hope to have this bill ready soon. Thank you.