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Proposed Amendments to the Personal Property Security Act

In 1998, the Canadian Bar Association – Ontario (now, the OBA) made a submission to the MCBS suggesting a number of substantive and technical improvements to the PPSA. The submission proposed:


 more closely harmonizing the PPSA with the legislation in other Canadian jurisdictions;

 reversing or clarifying some adverse case law; and

 fine-tuning the statute.

Although some of the suggested changes were adopted in 2000, some suggestions remain to be implemented.
 

David G. Butler
Wayne D. Gray
Robert M. Scavone




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