Canada: Leasing

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Article
The Regulatory Landscape For Mortgage Services In British Columbia Is About To Change Significantly…
On October 13, 2026, British Columbia’s new Mortgage Services Act, S.B.C. 2022, c. 27 (the “MSA”) will come into force and effect, replacing the longstanding Mortgage Brokers Act, R.S.B.C. ch. 313 (the “MBA”). The MSA introduces a modernized regulatory framework for mortgage service providers, including expanded licensing requirements, increased disclosure obligations, enhanced enforcement tools, and significantly higher penalties for non-compliance.
Canada Finance
WG
Watson Goepel LLP
Article
Millhouse Farms: How Using Leased Equipment Bound The Borrower Without A Signed Certificate Of Acceptance
When a borrower takes possession of leased farm equipment, uses it for a full harvest season, and makes payments—but never signs the certificate of acceptance—can the lease still be enforced? The Saskatchewan Court of Appeal addressed this exact question in Millhouse Farms Inc. v De Lage Landen Financial Services Canada Inc., reaffirming that acceptance by conduct can complete a contract even when formal paperwork remains incomplete.
Canada Litigation
MT
Miller Thomson LLP
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