British Columbia Limitations Act

The British Columbia Limitations Act sets strict time limits on when legal actions or claims can be initiated, generally giving parties a specific period, often two years, to start lawsuits for debts, damages, or breaches of contract. After this period expires, the claim is typically barred, meaning it cannot be legally pursued. The Act ensures certainty and finality in legal matters by preventing old claims from being reopened indefinitely. It also includes rules for when the countdown begins, such as when the harm or breach was discovered, providing fairness and clarity for both claimants and defendants.