The Plaintiffs moved for summary judgment due to a mortgage default by the Defendants.
The motion was previously adjourned on consent with terms for the Defendants to refinance, but they failed to comply.
The court applied the Hryniak v. Mauldin test for summary judgment, finding no genuine issue requiring a trial.
The court determined that the Plaintiffs were entitled to the mortgage principal, interest, and various fees, including liquidated damages, which were found not to violate s. 8(1) of the Interest Act.
An order for possession of the property and leave to issue a writ of possession were granted.
The court declined to award additional costs to the Plaintiffs, noting that the liquidated damages clause already compensated them for the costs of bringing the motion.