These experts provide history and background on the reach of the Personal Property Security Act. In particular, they focus on the concept of secured financing, detailing the seven categories of collateral and looking at issues including the characterization of leases, deemed security interests, and competitions among secured parties. This paper was presented at the PPSA Basics program in March, 2014.

Prepared by two experts in their field, this paper offers an informative and detailed overview of the aspects of registration outlined in its title. Topics include the contents of registration, collateral descriptions, verification statements, registration amendments and errors, priorities, and issues surrounding searches and search criteria. This paper was presented at the PPSA Basics program in March, 2014.  

Determining the purpose and objectives of long-standing and established federal insolvency systems has generally not been difficult. The same cannot be said for federal receivership provisions. The Supreme Court of Canada undertook a search for the purpose behind these federal receivership provisions in Saskatchewan (Attorney General) v Lemare Lake Logging Ltd, 2015 SCC 53. That case, which has cast doubt on whether receivership law should be characterized as a federal insolvency system, serves as the central focus of this paper. The author seeks to explain how and why this questioning of receivership law has come to pass, and considers its future implications. This paper is part of a collection presented at LESA’s 2016 The Constitution in the Insolvency Tool Box program.

This paper examines new and emerging legislative and judicial developments in personal property security law and highlights fundamental principles that underlie the Personal Property Security Act [PPSA]. It includes a discussion of conflict of laws provisions, operational features of the PPSA, and significant legislative changes relating to aircraft and Bank Act security. The paper also reviews recent jurisprudence related to the effect of misdescription of collateral in security agreements, buyer cut-off rules, registration errors, and the effect of a subsequent registration lapse on priorities. This paper is part of a collection presented at LESA’s Personal Property Security and Debt Recovery Essentials program in Edmonton on May 17, 2017 and in Calgary on May 24, 2017.