Facts: Valtrol sought a declaration that it provided a valid notice of lease extension under a 2015 agreement. However, a new agreement in 2021 superseded the original terms, rendering the extension attempt invalid.
Issues/Main Discussion: The dispute centered on whether a handwritten note constituted a binding lease extension beyond the original terms.
Ruling: The Ontario Superior Court of Justice dismissed Valtrol's application, finding the 2021 agreement valid and enforceable, thus negating the possibility of extending the 2015 lease.
Amount Awarded: Valtrol was ordered to pay past due rent as per the 2021 agreement and costs of $33,212.00 to the respondent.
