What is pure economic loss?

Manitoba, Canada

The following excerpt is from Multi Pork Inc. v. Penner (A.G.) Farm Services Ltd. et al., 2008 MBCA 119 (CanLII):

38 What is pure economic loss? Clearly, it does not involve physical injury or damage to property. See D’Amato at para. 13 and Attorney General for Ontario v. Fatehi, 1984 CanLII 85 (SCC), [1984] 2 S.C.R. 536 at 542.

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