British Columbia Law Institute Contract Law Reform Proposal

The British Columbia law Institute has released a Consultation Paper on Proposals for Unfair Contracts Relief.

The document presents 46 proposals to modernize how the law of contracts deals with unfairness. It proposes clarifications to the tests for unconscionability, duress, and undue influence and would establish an implied duty of good faith in the performance of contracts. It also proposes reforms aimed at modernizing the scope of and remedies available for misrepresentation.