Is it true that the monetary jurisdiction of the Small Claims Court is $35,000 inclusive of interest and costs?

The monetary jurisdiction of the Small Claims Court in Ontario is indeed set at $35,000, but this amount is exclusive of interest and costs. This means that when a claim is being considered, the principal amount claimed must not exceed $35,000, and any interest or costs that might arise from the claim are calculated separately.

This is a critical distinction to understand, as it can affect how claims are presented and pursued within the court system. By recognizing that interest and costs are not included in this limit, legal professionals can better understand what falls under the jurisdiction of the Small Claims Court and appropriately guide their clients on the potential avenues for their claims.

Understanding these parameters is essential for those preparing for a paralegal examination or practicing in the field, as it influences both procedural strategy and client expectations.