Dissolution of Partnerships
With the exception of Québec, legislation across the provinces and territories puts forward that all partnerships are dissolved upon the death of one partner unless there was a prior agreement made to continue the partnership when one partner dies.
In Québec, upon the death of a partner, a cancellation notice must be filed declaring that the partnership is no longer in place unless there was a prior agreement in place to guarantee the succession of the partnership upon the passing of one partner.
Province or Territory
Legislation Governing Partnerships
Alberta Partnership Act (s. 37)
The Partnership Act (s. 36)
Newfoundland and Labrador
Partnership Act (s.36)
Partnerships Act (s.33)
Act Respecting the Legal Publicity of Enterprises (Division III)
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Last updated September 2021