Derek Moran
NEGOTIATE doesnt have the same meaning most people think though, Pierre...2. to bargain in good faith with a view to the conclusion of an agreement or the revision or the renewal of an existing agreement - yes, but...
1. To TRANSFER for VALUE, by indorsement OR delivery, a bill of exchange or other NEGOTIABLE INSTRUMENT. - The Dictionary of Canadian Law 3rd-edition, and Pierre, if you're interested in setting-up your own trust, i strongly suggest you spend your next $130 towards getting a copy of the student-edition Donovan Waters' 'Law of Trusts in Canada' ;)
http://www.carswell.com/product-detail/waters-law-of-trusts-in-canada-4th-edition