Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 29 APRIL 2015

Changes To Your Guarantee Practices In Alberta

Osler, Hoskin & Harcourt LLP
Explore more from Osler, Hoskin & Harcourt LLP

Franchisors franchising in Alberta should already be aware of the critical importance of complying with the province’s Guarantees Acknowledgment Act (failing which, a guarantee will have no effect).

CanadaCorporate/Commercial Law
Osler'S Franchise & Distribution Practice Group
Osler'S Franchise & Distribution Practice Group
Author LinkedIn connections

Franchisors franchising in Alberta should already be aware of the critical importance of complying with the province's Guarantees Acknowledgment Act (failing which, a guarantee will have no effect). However, the rules are changing.

On April 30, 2015, Alberta's Notaries and Commissioners Act (the Act) will come into effect. Of particular note for franchisors are the amendments that the Act makes to the Guarantees Acknowledgment Act:

  1. the person (other than a corporation) entering into the obligation must appear before a lawyer, rather than a notary public, to acknowledge the execution of the guarantee and sign the prescribed form of certificate; and
  2. the prescribed form of certificate has changed and is available here.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

The PULSE Report: Governance Of Ontario’s Electric Utilities And Implementation Of Required Changes

Ontario's PULSE report and Bill 140 propose sweeping governance reforms for municipally owned electricity distribution utilities and their holding companies, mandating independent boards and new capital planning requirements by 2027. These changes aim to attract institutional investment for $120 billion in infrastructure expansion, but will require utilities to restructure shareholder agreements, recruit new directors, and implement complex governance arrangements within an extremely compressed timeline.
CanadaCorporate/Commercial Law
Aird & Berlis LLP
Aird & Berlis LLP
Article

The Trade War Tit-for-tat Continues: United States Responds To Canada’s Retaliatory Surtaxes With New Tariffs And Import Prohibitions

Canada and the United States have escalated their trade war with new retaliatory tariffs and import prohibitions taking effect in September 2026. What specific goods are now subject to these measures, and how do the complex layers of tariffs interact to impact cross-border commerce? This comprehensive analysis breaks down the latest developments in the deteriorating Canada-U.S. economic relationship.
CanadaInternational Law
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP
Article

Canadian Prime Minister Announces ‘Productivity Mega Deduction’

Canada's new Productivity Mega Deduction permanently provides immediate expensing for a wide range of depreciable property and Canadian development expenses, dramatically expanding the scope beyond the previously announced Productivity Super Deduction. The measure aims to reduce Canada's marginal effective tax rate on new business investment to 6.4%, positioning it as the lowest among major economies and less than half the U.S. rate.
CanadaTax
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP
Article

Elbows Back Up: U.S. Section 338 Tariffs, Canada’s Retaliatory Surtaxes And The Current Tariff Landscape

As Canada and the United States escalate their trade dispute with new retaliatory tariffs, businesses face mounting compliance challenges across multiple sectors. This analysis examines the comprehensive tariff landscape affecting bilateral trade, including Canada's September 8, 2026 surtaxes on U.S. imports and the corresponding American section 338 tariffs, detailing rates, exemptions, and the legal frameworks governing these measures.
CanadaInternational Law
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP