What is the legal age for conducting contracts in Canada?

In Canada, the legal age for conducting contracts is typically 18 years old. This is the age at which individuals are generally considered to have the legal capacity to enter into binding agreements. At 18, individuals are recognized as adults under the law and can assume responsibility for their contractual obligations without the need for parental consent.

While some provinces may allow individuals as young as 16 or 17 to enter into certain contracts, these exceptions do not apply universally across Canada. For instance, minors (those under 18) can engage in contracts for essential items, such as food and shelter, but their capacity to contract for other purposes may be limited. Thus, the contract could be voidable at the minor's discretion until they reach the age of majority or in certain circumstances.

Overall, 18 is the most commonly accepted legal age for most types of contracts in Canada, making this answer accurate concerning the general legal framework governing contractual capacity.