Case Overview:
Lyle Odelein sought repayment of his shareholder loan account totaling over $2.18 million. The dispute revolved around contributions made to the corporation, including land, equipment, and money, and whether they constituted gifts or repayable debts.

Legal Issues:
The court addressed five key issues:

1. Whether contributions were gifts or debts.
2. Whether promissory estoppel barred Lyle from recovering repayment.
3. Whether Lyle waived his repayment rights.
4. Whether repayment required agreed terms or constituted a demand loan.
5. Whether the claim was barred by limitation periods.

Court Findings:

• Contributions made during incorporation were found to be debts based on written agreements, but Lyle was estopped and waived his right to repayment.
• Post-incorporation contributions were ruled as gifts due to Lyle’s assurances and the absence of repayment expectation.
• The court did not address the limitation period, given the findings on estoppel and waiver.

Judgment and Costs:
The court dismissed Lyle Odelein's claim and his summary judgment application. Odelein Farms Ltd. was awarded costs of the action under Column 2 of the Tariff of Costs.

Total Costs:
The specific monetary costs were not detailed in the judgment, but they adhered to the prescribed Column 2 of the Saskatchewan Tariff of Costs.