Agreements typically have clauses requiring the parties thereto to do certain things by certain due dates, with consequences attached to non-compliance.
The phrases ”business days” or “calendar days” are often used, but sometimes parties just refer to “days”. Section 4 of the Interpretation Act states that if an agreement does not specifically say whether it is calendar or working days, the computation will be the following: The days are reckoned exclusively of the first day and inclusively of the last day, unless the last day falls on a Sunday or public holiday in which case the time shall be reckoned exclusively of the first day and exclusively also of Sundays and public holidays.
Contact us at STBB should you require professional assistance in your agreements.
