The defendant, Ontario Electricity Financial Corporation (OEFC), moved for summary judgment to dismiss the plaintiff, The Power Limited Partnership's (PLP), claims of negligent misrepresentation, dishonest contract performance, and breach of a 2005 power purchase agreement (PPA).
The claims stemmed from the negotiation and execution of a 1999 PPA and a subsequent 2005 PPA, particularly concerning whether Order in Council (OIC) approval was required for the 1999 PPA and alleged concealment of its execution.
The court granted summary judgment, dismissing all claims.
It found no contractual obligation to support the bad faith claim, no deliberate dishonesty or negligence in misrepresentation, and that the 2005 PPA's entire agreement clause excluded prior representations.
Furthermore, the court determined that OIC approval was legally required for the 1999 PPA and that the claims were statute-barred by the applicable limitation periods.
The claims related to the 2005 PPA regarding occasional payment rates, capacity caps, and monthly targets were also dismissed based on clear contractual terms and lack of grounds for rectification.