This seminar will provide an update on recent Supreme Court of Canada and Alberta cases on the duty and limits of good faith and honest performance in commercial contracts.
In 2014, the Supreme Court released its groundbreaking decision inBhasin v Hyrnew, which pronounced that the organizing principle of good faith underlies all contracts and obliges contracting parties to perform their obligations honestly. Since then, the Court has further confirmed that parties must exercise powers of contractual discretion in a good faith and non-capricious manner in its 2020 and 2021 decisions ofCallow v ZollingerandWastech Services Ltd v Vancouver Sewerage and Drainage District. Over the past year, Alberta courts have applied these principles and been faced with the task of considering whether contracting parties are exercising their contractual rights contrary to these duties.
The lessons learned from these novel and evolving cases are applicable and important to all parties with contractual rights and obligations, whether the words "good faith" expressly appear in their contract, or not.
Date:Wednesday, October 12, 2022
Time:12:00 p.m. – 1:00 p.m. (MST)
Webinar connection will be provided a day in advance of the
event.
R.S.V.P. by October 11, 2022 at 12:00 p.m.
