This case represents an evolution of negligence law in the area of disclaimers. During the tendering phase for a major project, the plaintiff contractor (“Micron”) sought information from the defendant bank (“HSBC”) concerning the financing of the project and the credit worthiness of the developers. HSBC sent a letter to Micron confirming that a loan had been authorized on a secured basis to finance the work. In fact, it was found that HSBC had made no firm commitment to provide financing. Following the collapse of the project, Micron brought a claim against the bank for negligent misrepresentation.

type Case Comment - Micron Construction Limited v. Hongkong Bank of Canada, (2001), 184 D.L.R. (4 Th) 75 (B.C.C.A.)