On October 3, 2016, the Franchises Act and related regulations
were approved by the BC provincial cabinet. Although the act and
its regulations are now in final form, they will not become
effective until February 1, 2017 to allow franchise parties and
their advisors time to comply with the new requirements.
From and after February 1, 2017, each franchisor granting or
renewing a franchise unit located in BC will need to prepare a BC
franchise disclosure document (FDD) and deliver it to each
prospective or renewing franchisee at least 14 days before any
franchise or renewal agreement is signed. This disclosure
requirement is consistent with the requirements of the 5 other
provinces already with franchise legislation.
In anticipation of the new act and its regulations coming into
Our Franchise Law Group has begun preparing FDDs as well as
drafting amendments to franchise agreements to comply with the new
An FDD may cover not just BC, but also the other franchise
regulated provinces, namely Alberta, Manitoba, Ontario, New
Brunswick and Prince Edward Island. We have prepared forms of FDD
for BC only as well as one that covers all 6 provinces now
For a limited time, we are offering an early-bird discount of
10% off of our normal fees to help franchise parties prepare a BC
and/or national FDD (and any required amendments to your franchise
It is important to again note that all franchise parties must
comply with the new act and regulations by February 1, 2017, and we
are prepared to help in that process.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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