What is the effect of Timminco on a common law claim?

Ontario, Canada

The following excerpt is from Green v. Canadian Imperial Bank of Commerce, 2014 ONCA 90 (CanLII):

[80] In Green v. CIBC, the leave motion was heard and dismissed, based on Timminco. The respondent in that case has raised a further issue with respect to the granting of leave, and the appellant appeals the decision of the motion judge to deny certification of the common law claim for negligent misrepresentation. I turn now to these additional issues.

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