By Pavle Levkovic ( November 13, 2026, 12:50 PM EST) -- The Court of Appeal for Ontario’s recent decision in KingSett Mortgage Corp. v. Mapleview Developments Ltd., 2026 ONCA 512 provides important guidance on the calculation of holdback deficiencies under s. 78(2) of the Construction Act. The decision resolves a long-standing uncertainty regarding the extent to which lien claimants are entitled to priority over a construction mortgage where an owner has failed to retain the statutory holdback....