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ARTICLE · 15 OCTOBER 2024

British Columbia's New Money Judgment Enforcement Act: An Overview

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The enforcement of money judgments in British Columbia will soon be substantially overhauled once the Money Judgment Enforcement Act ("Enforcement Act") comes into force. The Enforcement Act.

CanadaFinance and Banking

The enforcement of money judgments in British Columbia will soon be substantially overhauled once the Money Judgment Enforcement Act ("Enforcement Act")1 comes into force. The Enforcement Act received Royal Assent in October 2023 and is expected to be brought into force by regulation in 2025.

Intended to make the enforcement of money judgments in British Columbia simpler and less costly, the new judgment registration and enforcement scheme under the Enforcement Act will also have significant impacts on lenders with changes to the priority of security interests under the Personal Property Security Act ("PPSA") and mortgages registered in the Land Titles Office ("LTO").

This bulletin provides an overview of the Enforcement Act and the changes to come once it is in force in 2025. Further bulletins will detail the changes to the priority of security interests and mortgages, the new judgment registry created by the Enforcement Act (the "Judgment Registry"), and the

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The foregoing provides only an overview and does not constitute legal advice. Readers are cautioned against making any decisions based on this material alone. Rather, specific legal advice should be obtained.

© McMillan LLP 2025

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