FREE Canadian Promissory Note - Demand

This free Canadian Promissory Note on Demand can be used in Canada when a person loans money to another person. It sets forth the amount and terms of the loan.

Disclaimer:This was not drafted by an attorney & should not be used as a legal document.


For value received, the undersigned [Name], ("the Borrower") hereby acknowledges that he shall be indebted to [Name of the Lender] and promises to pay, unconditionally to the Lender at [Address of the Lender] on demand by the Lender or as otherwise directed by the Lender in writing, the Principle sum of CAD $ [amount] in advance, both before and after demand, maturity, default and judgment until paid.

The Lender may assign his/her rights, title and interest under this Note. All payment required to be made hereunder shall be made by the Borrower without any right of set off or counterclaim.


Borrower Lender:

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