Facts: 2371143 Ontario Inc. sued Canaan Art Centre Inc. for unpaid rent and damages following a lease agreement breach. Canaan's business was severely impacted by COVID-19 restrictions, leading to rent payment failures and eventual vacating of the premises without agreement.
Issues/Main Discussion: The case revolved around lease agreement breaches, claims of property damage by the tenant, and the impact of COVID-19 restrictions on contractual obligations.
Ruling: The Ontario Superior Court of Justice granted judgment in favor of 2371143 Ontario Inc., ordering the defendants to pay $134,652.53 plus prejudgment interest for unpaid rent, accelerated rent, repair costs, and additional charges as per the lease agreement.
Amount Awarded: $134,652.53 plus prejudgment interest at a prime rate plus 2% per annum.
