Feds overhaul outdated patent law
Under the former Act, patents benefited from a term of 17 years counted from the date the patent was granted (based on applications filed before Oct. 1, 1989, former Section 45 of the Act). Amendments to Bill S-17 add three more years to the term of protection of Canadian patents. As of July 12, 2001, 45,000 non-expired "Old Act" patents with terms of less than 20 years, counted from the date of filing in Canada, will be automatically extended to the minimum 20-year standard requirement. (CO Staff)
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