A power producer sought judicial intervention to force renegotiation of a long-term fixed-price electricity contract after market changes generated large resale profits for the purchaser.
The Court held Quebec civil law did not provide a basis to imply a duty to renegotiate, to apply unforeseeability in these circumstances, or to redistribute contractual benefits through good faith or equity.
The agreement allocated price fluctuation risk and remained enforceable as written.
The appeal was dismissed, with a dissent that would have recognized a relational-contract duty to cooperate.
