The Long Awaited Repeal of Ontario's Bulk Sales Act

On March 22, 2017, the Burden Reduction Act (the “Act”) received Royal Assent in the Ontario legislature. The Act is part of the Ontario government’s initiative to reduce the regulatory requirements that cost businesses time and money. It repealed the Bulk Sales Act (“BSA”), which had been in effect in Ontario for nearly a century.

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The information contained in this article is provided for general informational purposes only and does not constitute legal advice. No recipient of this content should act, or refrain from acting, based on any information included without seeking appropriate legal or other professional advice on the particular facts and circumstances at issue.

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