What are the damages for damages for loss of capital loss and loss of value in a personal injury case?
Ontario, Canada
The following excerpt is from Mutual Apartments Inc. v. Lam, 2009 CanLII 33037 (ON SC):
With respect to the capital loss claim, Mutual would be entitled to damages representing the difference in the value of the purchase price on the date of the breach and the value of the property at the time of trial. (See: Semelhago v. Paramadevan (1996) 1996 CanLII 209 (SCC), 2 S.C.R. 415 (S.C.C.) at paras. 10-18.)
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