As I hope everyone knows, TOROG — the Toronto Opinions Group — kindly allows Slaw to publish some of their memos and precedents on third party opinions. A new document has just been added to the collection: “Limitations Act, 2002 (Ontario) – Proposals for Improving Contract Drafting and Appropriate Opinion Qualification Practice – June, 2009,” which, like the others, is available in PDF.
This relatively lengthy document (18pp.) describes the impact of recent changes to the Ontario Limitations Act on one’s freedom to contract with respect to a limitation period. The document also contains a sample provisions of purchase agreement.