Background: 176519 Canada Inc., Glenn Vodden, and Michelle Vodden (plaintiffs) sued 2429306 Ontario Inc., C.A.C.E. Construction (1991) Ltd., Paul Lemire, and Paul Mousseau (defendants) over disputes arising from a promissory note and assets purchase.

Facts: The plaintiffs were successful in their claim, with the court finding the promissory note remained due and owing. The judgment awarded to the plaintiffs was $164,822.96, adjusted to $256,332.07 with pre-judgment interest. The defendants' setoff claims were mostly denied, though the plaintiffs owed a credit for cash in the bank at the time of closing.

Issues/Main Discussion: The case involved determining the validity of the promissory note, the rightful claims to setoffs, and the appropriate amount for costs following the judgment.

Conclusion/Ruling: The court awarded the plaintiffs $100,000 in costs, inclusive of HST and disbursements, on top of the judgment amount of $256,332.07. Post-judgment interest was set at 7%.

Amount Awarded: The plaintiffs received a total of $356,332.07, combining the judgment and costs, with interest accruing at 7% post-judgment.