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LOI · Ontario, Canada

Letter of Intent for a Business Acquisition in Ontario, Canada

Governing law, forum, and the drafting notes that actually change when you build a Letter of Intent for Ontario, Canada.

Letter of Intent governed by the law of Ontario, Canada

DealDocs sets the laws of the Province of Ontario and the federal laws of Canada applicable therein as the governing law when you choose Ontario, Canada. The forum clause reads: “The Parties irrevocably attorn to the exclusive jurisdiction of the courts of the Province of Ontario in respect of any dispute arising out of or in connection with this document.”

Governing law

the laws of the Province of Ontario and the federal laws of Canada applicable therein

Legal system

Common law, a common law system, where statutes sit alongside a substantial body of judicial precedent that shapes how contract terms are actually read.

Conventional arbitration seat

Toronto, Ontario

Naming a party formed here

DealDocs' guided interview references the Province of Ontario, Canada when you enter a party formed in Ontario, Canada.

What's different about a Letter of Intent in Ontario, Canada

Wallace v Allen shows that in Ontario, conduct plus contractual language can bind a party despite a non-binding label on the document as a whole, and the honest performance duties from Bhasin v Hrynew attach to whatever provisions the letter does treat as binding. Precision in the Binding vs Non-Binding clause matters more here than the label on the cover page.

Build your LOI for Ontario now

The guided interview asks for the governing law up front, so the right jurisdiction-specific clauses are included automatically. Preview the full plain English guide and completeness check for free before you unlock the document.

Frequently asked questions

Can a non-binding Letter of Intent still bind a party in Ontario?

Yes, potentially. Wallace v Allen shows that conduct plus contractual language can bind a party under Ontario law despite a non-binding label on the letter as a whole, which is why the Binding vs Non-Binding clause needs to name each provision specifically.

What governing law applies to an Ontario acquisition LOI?

DealDocs sets the laws of the Province of Ontario and the federal laws of Canada applicable in the province, with the courts of Ontario as the default forum for disputes.

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