ARCHIVED — Aligning Canada's Trade-marks Regime with Modern Business Practices - 5 of 5
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Conclusion
Considerable changes in business practices have occurred since the last substantive amendments to Canada's Trade-Marks Act. Canada has not kept pace with many of our trading partners in improving our trade-mark legislation to address these changes. Updating the Trade-Marks Act so that it is more closely aligned with the intent and principles of the Madrid Protocol and the Singapore Treaty would improve the competitive position of Canadian businesses by simplifying the administration and reducing the costs of maintaining an international portfolio of trade-marks. Foreign firms would also benefit from the reduction in time and resources required to acquire a Canadian registration, thus helping to make Canada an attractive place to do business. It is timely for Canada to consider adopting a more modern trade-marks regime, as many of our international partners have already done.
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