BC Franchise Laws Come Into Effect

more+
less-

Dickinson Wright

On February 1, 2017, the British Columbia Franchises Act and Regulations came into effect making British Columbia the sixth province in Canada with franchise legislation. The introduction of franchise legislation in British Columbia means franchisors operating in the Province will need to create or revise existing franchise disclosure documents (for other Provinces) in order to meet their obligations under the new laws.

While substantially similar to franchise legislation in other provinces, the British Columbia franchise legislation does bear differences that franchisors need to be aware of including those pertaining to:

  • Deposits
  • Methods of Delivery
  • Financial Statements
  • Advertising Funds
  • Training and Manuals
  • Territory and Proximity
  • Alternative Dispute Resolution
  • Information on Current and Former Franchisees
  • Negative Statements
  • Guarantees and Security Interests

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Dickinson Wright | Attorney Advertising

Written by:

more+
less-

Dickinson Wright on:

Readers' Choice 2017
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×