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ARTICLE · 17 JULY 2012

Manitoba’s Franchises Act: There Is Still Time To Update Your Disclosure Document!

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As noted in previous Cassels Brock Franchise Law e-Lert (click here) Manitoba has proclaimed that its Franchises Act will come into force on October 1, 2012.

CanadaCorporate/Commercial Law

As noted in previous Cassels Brock Franchise Law e-Lert ( click here) Manitoba has proclaimed that its Franchises Act will come into force on October 1, 2012. This date is only three months away, so if they haven't already, franchisors should begin the process of making their franchise documentation compliant with Manitoba's requirements.

If you plan to offer franchises in the province of Manitoba, or currently have franchises there which require renewal or will be transferred on or after October 1, 2012, you need to consider changing your franchise disclosure document (FDD) in order for it to comply with the new Manitoba requirements. Manitoba is the fifth Canadian province to bring in a franchise law, and this law includes the requirement that franchisors provide to prospective franchisees an FDD at least 14 days prior to the prospective franchisee signing any agreement or paying any consideration in respect of the franchise. This new legislation also means that

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