Some Recent Developments in the Law of Limitation of Actions, Concurrent Liability and Pure Economic Loss
AbstractTwo recent decisions the Supreme Court of Canada have affirmed three important principles: 1. The running of a limitation period may be postponed until the injury is discoverable by reasonable diligence; 2. Solicitors (at least) may be concurrently liable in contract and tort, and; 3. Damage for pure economic loss is recoverable for negligent acts. While the Supreme Court of Canada has made the law's future path clear, much remains for discussion and definition. In the short term, the practical matter of applying these decisions and predicting their effects shows there is much uncertainty yet to be resolved.
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