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Federation of Law reform agencies of Canada

Publications and activities from law reform agencies across Canada​

The Alberta Law Reform Institute proposes law reform to the Personal Property Security Act

10/14/2021

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Download Final Report 116, Personal Property Security Law

The Alberta Personal Property Security Act [PPSA] came into force in 1990 and produced a significant improvement in secured transactions in Alberta by removing many of the restrictions and limitations that prevented the use of secured credit.

Since 1990, it has become clear that several areas of the law are in need of reform. Modern online banking, ecommerce and ambiguities in the law contribute to the need for reform. The PPSA also did not anticipate some kinds of disputes that would be litigated in today’s courts and did not provide rules for the resolution of these cases.

Final Report 116, Personal Property Security Law aims to increase certainty in secured transactions law with recommendations to bring the PPSA up-to-date and inline with other Canadian jurisdictions.

Get the report at the Alberta Law Reform Institute's website.
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  • Home
  • Leadership
    • Leah Howie
    • Nye Thomas
    • Karen Campbell
    • Illana Luther
    • Elizabeth McCandless
    • Sandra Petersson
  • Member Agencies
    • Alberta Law Reform Institute
    • British Columbia Law Institute
    • Manitoba Law Reform Commission
    • Access to Justice & Law Reform Institute of Nova Scotia
    • Law Commission of Ontario
    • Law Reform Commission of Saskatchewan
    • Institut Québécois de réforme du droit et de la justice​
  • About
    • Objectives
    • Our History
  • Contact Us