The plaintiffs sought prejudgment interest (PJI) from September 30, 2009, the date the cause of action arose, rather than September 1, 2011, the date the statement of claim was issued, despite the latter yielding a higher prescribed rate.
The court, relying on its prior judgment, found the defendant Ashton Pools liable for inadequate concrete base installation causing patio cracking.
Applying sections 128-130 of the Courts of Justice Act and principles that PJI compensates for loss of money use, the court awarded PJI from the cause of action date, September 30, 2009, until May 2, 2016, in the amount of $1,195.45, plus post-judgment interest.