Can a statement about something in the future be fraudulent misrepresentation of fact?

Canada (Federal), Canada

The following excerpt is from Westwood Shipping Lines Inc. v. Geo International Inc., 1999 CanLII 7652 (FC):

While a statement about something in the future will not normally constitute a fraudulent misrepresentation of fact, i.e. a fact being something past or present, a stated intention as to the future may, in some instances, be factual. In Edgington v. Fitzmaurice (1885), 29 Ch.D. 459, Bowen L.J. stated at page 483:

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