What is the effect of a motion to strike out a statement of claim?

Taylor J. heard the motion and while he dismissed the motion on the ground that the statement of claim was frivolous, vexatious or otherwise an abuse of the process of the court, he allowed the motion and struck out the statement of claim on the ground that it did not disclose a reasonable cause of action. See: McGowan v. Bank of Nova Scotia 2010 PESC 17; [2010] P.E.I.J. No. 13; (2010), 296 Nfld. & P.E.I.R. 321; (2010), 96 C.P.C. (6th) 320.