Changes to the Alberta Partnership Act Now in Effect
By EsqSocial Corporation 16/06/21
As of June 1, 2021, Alberta's Partnership Act (the Act) was amended to help reduce red tape attached to several administrative requirements of limited partnerships. These amendments better align the Act with the more streamlined Ontario Limited Partnership Act, particularly in regards to the formation of limited partnerships, reliance on partnership agreements and extra-provincial limited partnerships. The simplification of the Act is made pursuant to Bill 22, Red Tape Reduction Implementation...
By: Bennett Jones LLP