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## 27. CONTINGENCIES 

## Guarantees 

For certain customers with established business relationships, the Corporation is contingently liable as guarantor in connection with lease agreements with varying terms through 2020 for which the average annual minimum lease payments for the next five years will be $ 0.3  ($ 0.4  in 2013 ). The maximum contingent liability under these guarantees as at September 27, 2014was $2.0($2.5 as at September 28, 2013). In addition, the Corporation has guaranteed loans granted to certain customers by financial institutions, with varying terms through 2025. The balance of these loans amounted to $22.8 as at September 27, 2014($22.5as at September 28, 2013). No liability has been recorded in respect of these guarantees for the years ended September 27, 2014 and September 28, 2013 . 

## Claims 

In the normal course of business, various proceedings and claims are instituted against the Corporation. The Corporation contests the validity of these claims and proceedings and management believes that any forthcoming settlement in respect of these claims will not have a material effect on the Corporation's financial position or on consolidated earnings. 

## 28. RELATED PARTY TRANSACTIONS 

The Corporation has significant interest in the following subsidiaries, joint venture and associate: 

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