Trillium
chief
executive
John
Kourtoff
says
the
damages
sought
would
cover
money
the
company
has
spent
on
a
project
proposal
in
Lake
Ontario,
and
the
lost
potential
revenue
that
would
have
been
obtained
through
a
long-term
power
supply
contract
under
the
Ontario
feed-in
tariff
(FIT)
programme.
Trillium
alleges
in
its
statement
of
claim
that
the
Canadian
province's
decision
constituted
“a
confiscation
of
property
rights,
without
warning
or
substantive
justification".
As
a
consequence,
the
developer
was
forced
to
“effectively
cease
its
corporate
operation
and
organisation,
to
lay-off
staff
and
to
cancel
contracts…
