Acts and Regulations

I-12 - Insurance Act

Full text
Pre-judgment interest not to be awarded on damages for non-pecuniary losses
265.5(1)Notwithstanding subsection 45(1) of the Judicature Act, in an action for damages arising out of an accident, interest shall not be awarded, for any period between the date of the accident and the date of the judgment, in respect of any damages for the non-pecuniary loss of the plaintiff.
265.5(2)This section applies only to accidents occurring on or after the commencement of this section.
1996, c.55, s.2