The Alberta Personal Property Registry (the
"PPR") has recently advised of a change
with respect to PPR registrations in Alberta. Currently, when
registering a financing statement (or financing change statement)
in Alberta, a mailing address must be provided for each secured
party that is included on the registration. An email address field
has recently been added to the secured party block for all
registrations. Including an email address will be optional, but
recommended, until October 15, 2019, at which point it will then
become mandatory.
Currently, when a registration is discharged by any party other
than the secured party (for example, if a law firm discharges the
registration), a verification statement discharge notice (a
"Discharge Notice") is mailed by Canada
Post to the secured party. The PPR will begin sending Discharges
Notices by email rather than by mail if an email address has been
added to a registration. Discharge Notices will continue to
be sent
