For many years Nova Scotia's Limitation of Actions Act has been pretty generous when it comes to starting legal action. Most breaches had a six year limitation period, often augmented by judicial discretion for up to four additional years.
That all began to come to an end in 2015 when the province's new Limitation of Actions Act was proclaimed in force. Under the new legislation almost all claims must be commenced within two years, and judges have far less power to extend the deadline.
And we are getting close to the end of our rough transition period between the two regimes. As of September 1, 2017 the new rules will apply to all claims. This means any claim arising prior to September 1, 2015 must be commenced by that date. The old six-year limit does not apply.
If you have potential claims against other parties for any loss or damage occurring prior to September 1, 2015 -- a customer failed to pay, a supplier performed deficiently, you slipped and fell in a store -- then to preserve your claim you must commence legal action no later than September 1, 2017.
Now is the time to assess whether you need to take steps to preserve your rights. A Burchells lawyer would be happy to meet you to discuss what you need to do.