Create a Free Letter of Intent for New Brunswick in 60 Seconds

New Brunswick courts apply Canadian common law principles to evaluate Letters of Intent. The New Brunswick Court of Appeal examines whether the parties intended to create binding obligations, focusing on the LOI's language, the definiteness of terms, and the parties' conduct. Under New Brunswick law, a preliminary agreement may be enforceable when the essential terms are agreed upon and mutual intent to be bound is demonstrated. The Bhasin v. Hrynew duty of honest performance applies to contractual dealings in New Brunswick.

Whether you're negotiating a forestry or pulp and paper acquisition, structuring an energy deal related to New Brunswick's natural gas resources or the Point Lepreau nuclear station, or outlining terms for a technology venture in Moncton or Fredericton, a well-drafted LOI keeps negotiations focused. New Brunswick's economy — driven by forestry, energy (Irving Oil's refinery in Saint John), aquaculture, information technology (with bilingual contact centers), and tourism — creates deal opportunities across the province.

SignAI generates your New Brunswick LOI with province-specific provisions — clearly separating binding from non-binding terms under New Brunswick contract law, specifying New Brunswick as the governing jurisdiction, and including clauses for due diligence, confidentiality, exclusivity, and break-up fees consistent with New Brunswick legal standards.