Cranberry Cove Tower Inc. v. Monarch Trust Company

Cranberry Cove Tower Inc. v. Monarch Trust Company

The appeal was dismissed because the trial judge made thorough, comprehensive and dispositive findings of fact on the s.22 issue, the tax issue and the status of 991652 under s.36 of the Mortgages Act that were open to him and there was no basis for interference on appeal.

Source-derived case information.

Citation
C40465
Parties
Appellant: Cranberry Cove Tower Inc.; Appellant: A. Duncan Green; Respondent: Monarch Trust Company; Respondent: National Trust Company; Respondent: Albert Bond; Respondent: 991652 Ontario Limited; Respondent: Laurentian Bank of Canada, Trustee for RRSP 204-001-571
Court
Court of Appeal for Ontario
Jurisdiction
Canada
Judgment Date
31 January 2005
Procedural Posture
Civil Collection Appeal / Appeal Heard; Court of Appeal Endorsement/decision
Outcome
Appeal dismissed.
Legal Topics
Appeal, Findings of Fact, S.22 Issue, S.36 Mortgages Act, Costs, Judicial Deference
Source Language
en
Civil Collection Mortgage Law Tax Law Procedural Law Appeal Findings of Fact S.22 Issue +3 more

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Parties

Cranberry Cove Tower Inc.

Appellant

A. Duncan Green

Appellant

Monarch Trust Company

Respondent

National Trust Company

Respondent

Albert Bond

Respondent

991652 Ontario Limited

Respondent

Laurentian Bank of Canada, Trustee for RRSP 204-001-571

Respondent

Procedural Posture

Civil Collection Appeal / Appeal Heard; Court of Appeal Endorsement/decision

  1. 1 Whether the trial judge's findings of fact on s.22 were open to him and should be disturbed on appeal
  2. 2 The tax issue as determined by the trial judge
  3. 3 Whether 991652 Ontario Limited is properly characterised under s.36 of the Mortgages Act

Ratio Decidendi

The appeal was dismissed because the trial judge made thorough, comprehensive and dispositive findings of fact on the s.22 issue, the tax issue and the status of 991652 under s.36 of the Mortgages Act that were open to him and there was no basis for interference on appeal.

Court Disposition

Appeal dismissed.

Orders

  • Costs to 991652 Ontario Limited and Laurentian Bank of Canada fixed at $5,000 inclusive of GST and disbursements.
  • Costs to National Trust Company fixed at $13,500 inclusive of GST and disbursements.