The model Industry Agreements developed by the Canadian oil and gas industry (such as the CAODC-CAPP and PSAC contracts) stipulate that any unpaid contractor invoices shall bear interest at a rate of 18% per annum. This is by no means atypical. In the Canadian oil and gas industry it is very common to find contractual interest rates for late or unpaid invoices ranging from 12 ...
We are now several years into the “culture shift” encouraging summary dispositions rather than trials, following the Supreme Court of Canada’s decision in Hryniak v Mauldin.[1] Commentary from the Alberta Court of Appeal suggests that this shift has indeed resulted in an increase in the number of cases that have been decided under the summary judgment rules in ...
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