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ARTICLE · 12 SEPTEMBER 2024

Protecting Trade Secrets And Confidential Business Information In Canada

Businesses can prevent third parties from misusing their valuable and commercially sensitive business information and trade secrets through contracts and the common law in Canada.

CanadaIntellectual Property

Businesses can prevent third parties from misusing their valuable and commercially sensitive business information and trade secrets through contracts and the common law in Canada.

This type of legal protection is critically important when the company has intellectual property (IP) assets that are not protectable through traditional forms of registrable intellectual property (such as patents), or when the business has a commercial strategy that does not favour the limited 20-year monopoly offered by the patent regime.

This article explains how trade secrets and confidential business information are understood and protected in Canada, and offers businesses operating in Canada a selection of best practice insights for safeguarding this category of IP asset.

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The preceding is intended as a timely update on Canadian intellectual property and technology law. The content is informational only and does not constitute legal or professional advice. To obtain such advice, please communicate with our offices directly.

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