Ontario Prejudgment and Postjudgment Interest Calculator

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Ontario Prejudgment Interest Calculator (s. 128 CJA)

Version 1.1 – Last updated on January 19, 2026.

1
When did the “cause of action” arise? Select date below. *
2
When did you (or the other side) start the lawsuit? Select date below. **
3
How much money did the court award? Do not include any costs awarded here. ***
4
When did the Court award the amount from step 3 (i.e., date of judgment or order)? Select date below.

Ontario Postjudgment Interest Calculator (s. 129 CJA)

Version 1.1 – Last updated on January 19, 2026.

1
How much money did the court award, including costs and prejudgment interest? ****
2
When did the Court award the amount from step 1 (i.e., date of judgment or order)? Select date below.
3
When do you (or the other side) expect to receive the amount from step 1? Let’s call this the “Full Payment Date”. Pick one of the two options below.
Specific date:
Days from judgment or order:

Partial Payments

Optional

If you (or the other side) made partial payments before the Full Payment Date, add them here, including the payment amount in the first box and the payment date in the second box. Leave empty if paid in full at once.


* This is the date when the legal wrong occurred. For example, this is the date a payment was due but not paid under an agreement.

** This is the date when the Court issued (i.e., put its stamp on) the “Notice of Action” or the “Statement of Claim”, whichever date is earlier.

*** See section 128(1)(4) of the Courts of Justice Act.

**** Postjudgment interest accumulates on the amount the court orders plus costs (as ordered by the court) and the prejudgment interest (if any). See source.

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Disclaimer: Use as a reference tool only. Courtready’s Ontario judgment interest calculator does not address (i) prejudgment interest for non-pecuniary damages in personal injury cases under section 128(2) of the Courts of Justice Act and rule 53.10 of the Rules of Civil Procedure, (ii) causes of action for prejudgment interest that arose before Q4 of 1989, and (iii) causes of action for postjudgment interest that arose before Q1 of 1985.

Applicable interest rates are obtained through Ontario.ca. Questions or comments about Courtready’s Ontario judgment interest calculator? Email admin@courtready.ca.


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Frequently Asked Questions

What is prejudgment interest?

It is the interest a court may add to a damages award from the date the legal wrong occurred to the date of judgment, under the Courts of Justice Act.

What is postjudgment interest?

It is the interest that accrues on a judgment amount after the court has made its decision and until the money is paid.

How does the Ontario prejudgment interest calculator (PJI Calculator) work?

It calculates interest using the official quarterly rates published by the Ontario government and the dates you enter (such as the loss date and judgment date).

How does the Ontario postjudgment interest calculator (PJI Calculator) work?

It calculates how much interest continues to accrue after judgment based on the statutory postjudgment rate and the time until payment.

Are Ontario prejudgment and postjudgment interest rates fixed?

No. Ontario prejudgment and postjudgment interest rates change every quarter and are set under the Courts of Justice Act based on government-published rates.