Is there any case law in which a plaintiff can claim damages for loss of income as a result of a breach of contract?
Ontario, Canada
The following excerpt is from 1298417 Ontario Ltd. v. Lakeshore (Town), 2014 ONCA 802 (CanLII):
In assessing whether this loss of income flowed from the breach of contract, the trial judge cited, at para. 202, the following passage in Hadley v. Baxendale (1854), 156 E.R. 145, at p. 151: Where two parties have made a contract which one of them has broken, the damages which the other party ought to receive in respect of such breach of contract should be such as may fairly and reasonably be considered either arising naturally, i.e., according to the usual course of things, from such breach of contract itself, or such as may reasonably be supposed to have been in the contemplation of both parties, at the time they made the contract, as the probable result of the breach of it.
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