To obtain a patent or to determine whether a patent exists in an area a company seeks to exploit, the Canadian Patent Office requires the company to submit a $1 million deposit.

Question

Quizplus · Accepted Answer

This statement is false. The Canadian Patent Office does require fees for patent applications and searches, but the amount varies depending on the type of application and the number of claims. The cost is typically much lower than $1 million.

To Obtain a Patent or to Determine Whether a Patent