Supreme Court explains duty to exercise contractual discretion in good faith
In a highly anticipated decision, which took over a year to release, the Supreme Court of Canada clarified the parameters of the duty to exercise contractual discretion in good faith in Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage District. Contracting parties must be mindful that exercising discretion under a contract is constrained by the duty of good faith – that means acting reasonably, consistent with the purpose of the discretion granted and the intention of the parties as set out in the terms of the contract. But the duty is not a fiduciary duty. The duty does not ... [more] Full article
Wrong square footage leads to rescission of agreement of purchase and sale
In Issa v. Wilson,[1] the Ontario Court of Appeal affirmed a trial decision[2] that set aside an agreement of purchase and sale on the basis that the size of the ... [more] Full article
Lies by Omission: When silence will breach the duty of honest performance of a contract
In C.M. Callow Inc. v. Zollinger, 2020 SCC 45, the Supreme Court of Canada clarified the scope of the duty of good faith in the performance of contracts. This dispute ... [more] Full article
Crystal Clear Contracting: The Supreme Court clarifies the law of pre and post-incorporation contracts
This past Friday the Supreme Court of Canada released a rare decision touching upon a commercial contractual dispute. The decision, Owners, Strata Plan LMS 3905 v. Crystal Square Parking Corp. ... [more] Full article