Gift Card Legislation in Canada

more+
less-

Gift cards have become wildly popular in Canada. Their main appeal is that they make easy gifts: they're compact, lightweight, and flexible. They're available in a wide range of retail outlets, and they take the guesswork out of gift giving. This has resulted in gift cards becoming a multi-billion dollar industry in Canada.

However, with all of these sales comes a problem for retailers: how do you encourage recipients to use their cards within a reasonable amount of time? The answer for many retailers has been to impose expiry dates or to reduce the value of unused cards over time. That solution is effective, but unpopular with consumers.

By Chris Bennett, Davis LLP, cbennett@davis.ca

Originally published in the Lawyers Weekly, August 7, 2009

LOADING PDF: If there are any problems, click here to download the file.

Published In: Consumer Protection Updates, Franchise Updates, Intellectual Property Updates

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.

© Chris Bennett, Davis LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »