SCC’S latest word on good faith: What every shareholder needs to know

By Marco Falco (November 22, 2023, 1:48 PM EST) -- Like all contracts in Canada, shareholders’ agreements are bound by a duty of good faith. At common law, this includes the duty to act honestly and to exercise any discretion under the agreement reasonably: C.M. Callow Inc. v. Zollinger, 2020 SCC 45; Wastech Services Ltd. v. Greater Vancouver Sewerage and Drainage District, 2021 SCC 7....