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: Slaw.caOntario proposes amendment to limitations period on demand loans
By Ted Tjaden
Schedule L of Bill 114 in Ontario, if passed, will effectively over-rule the Ontario Court of Appeal decision in Hare v Hare. The Bill will amend the Limitations Act, 2002, by tying the limitation period to the date of default under a demand loan rather than the date of the loan. The Ontario Bar Association discusses this issue in its October 28th e-newsletter.
Full post as published by Slaw.ca on October 29, 2008 (boomark / email).
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