What are the grounds for depriving N.B.A. of interest on a judgment?

New Brunswick, Canada


The following excerpt is from John Maryon International Ltd. v. New Brunswick Telephone Co., Ltd., 1982 CanLII 2906 (NB CA):

The question is whether these reasons constitute sufficient grounds for depriving N.B. Tel of interest on the judgment. Like all discretionary powers granted by statute the power to award interest is not absolute; it must be exercised in accordance with the objects and purposes of the statute: see Roncarelli v. Duplessis (1959), 1959 CanLII 50 (SCC), 16 D.L.R. (2d) 689, [1959] S.C.R. 121. What, then, are the objects and purposes of granting the courts power to award interest?

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