owner of Holdco, wrongfully excluded Dale, a co-shareholder

681210 ALBERTA LTD. (OKOTOKS
CINEMAS) C. HUNTER, 2012 ABQA 83
• [132] Moreover, the Court states that the director in Slate Venture
would have breached his fiduciary duty even if the conflict had been
potential as opposed to actual. The Court expressly held that limiting
the duties of a director who had become aware of an opportunity
outside of his position as a director to instances of potential conflict
alone runs contrary to the ratio in Canaero.
49