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The codicil must be signed in the presence of any two adult witnesses who are not beneficiaries in the Will (or in some Provinces, the witnesses cannot be married to a beneficiary). So there is not much time saving when it comes to making a codicil an official legal document.
An affidavit of execution is made by a witness to a will or Power of Attorney. The witness confirms that the person making the will or Power of Attorney signed it in front of both of the witnesses. The witness must also sign the affidavit.
An Affidavit of Execution is a document signed by one or more witnesses to verify that they witnessed someone else sign a legal document. Affidavits of Execution are commonly used to validate Wills and Powers of Attorney. The goal of an Affidavit of Execution is to prevent forgery and confirm a signer's identity.
The purpose of an affidavit of execution is to provide evidentiary support that a will or codicil was executed in compliance with the requirements under the Succession Law Reform Act, R.S.O. 1990, c. S. 26.
Strictly speaking, an affidavit of execution is not normally required for a will to be valid. It is, however, important evidence of that fact that can make things easier for your executor when the time comes. For example, in Ontario, an affidavit of execution is used when Probating the will.