Monday, August 25, 2014

Provincial Court Civil Division limit is raised to $50,000.00; An exhortation to not make verbal agreements and reduce all contracts to writing

The Alberta Government has recently increased the limit for the Provincial Court Civil Division to $50,000.00.  This means that any dispute which exceeds $25,000.00 but does not exceed $50,000.00 no longer needs to be brought in the Court of Queen's Bench of Alberta.  This increase is bound to increase the amount of actions brought in what is affectionately referred to as Small Claims and along with this there will be an increase in spurious and groundless claims.

Not that I am saying anything new, but to protect yourself against the possibility of being sued it is best to only do business in writing with the clearest of terms.  Paying a lawyer to assist you in drafting a contract just become an even better investment of money.