Case name: |
British Columbia (Minister of Forests) V. Teal Cedar Products Ltd. |
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Jurisdiction: |
Canada - Federal |
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Court: |
Supreme Court of Canada |
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Parties: |
Name |
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Appearing as |
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British Columbia (Minister of Forests) |
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Appellant |
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Teal Cedar Products Ltd. |
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Respondent |
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Before: |
Decision maker |
Designation |
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Cromwell, Thomas Albert |
J. |
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Fish, Morris J. |
J. |
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Karakatsanis, Andromache |
J. |
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LeBel, Louis |
J. |
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Moldaver, Michael J. |
J. |
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Rothstein, Marshall E. |
J. |
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Wagner, Richard |
J. |
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Lawyers: |
Name |
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Appearing for |
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Carmichael, Barbara A. |
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Appellant |
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Horsman, Karen A. |
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Appellant |
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Van Camp, J. |
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Appellant |
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Hunter, John J.L. |
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Respondent |
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Stephens, K. Michael |
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Respondent |
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Decision: |
Appeal by the Province of British Columbia from a judgement of the Court of Appeal setting aside in part a decision of the B.C. Supreme Court which partially upheld an arbitrator's compensation award pursuant to the Commercial Arbitration Act, R.S.B.C. 1996, c. 55. The compensation award resulted from the loss of timber cutting rights pursuant to the Protected Areas Forests Compensation Act, S.B.C. 2002, c. 51. The issue on this appeal was whether the arbitrator should have provided for compound interest or only simple interest on the sum awarded. It was held that compound interest cannot be awarded in arbitrations conducted pursuant to the Act. The appeal was allowed and an award of simple interest was substituted. Costs were also awarded to the Province. |
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Neutral citation: |
2013 SCC 51 |
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ExLaw citation: |
[2013] EXLAW 22 |
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Parallel citations: |
(2013) 235 A.C.W.S. (3d) 306 |
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(2013) 343 B.C.A.C. 1 |
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(2013) 47 B.C.L.R. (5th) 213 |
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(2013) 42 C.P.C. (7th) 221 |
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(2013) 363 D.L.R. (4th) 1 |
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(2013) 109 L.C.R. 241 |
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(2013) 449 N.R. 1 |
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[2013] S.C.J. No. 51 |
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[2013] 3 S.C.R. 301 |
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(2013) 586 W.A.C. 1 |
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[2013] 11 W.W.R. 1 |
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