What is the scope of federal legislation in the field of prejudgment interest?

British Columbia, Canada


The following excerpt is from United Grain Growers Limited v. Mott Electric Limited, 1981 CanLII 738 (BC SC):

The Barfried case restricted the scope of the federal power and as pointed out by Pigeon J. in Tomell, this is consonant with the view in earlier cases such as Lynch v. Can. North-West Land Co. (1891), 1891 CanLII 60 (SCC), 19 S.C.R. 204, 5 Cart. 427. Consequently, appropriate provincial legislation in the field of prejudgment interest is permissible at this time.

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