Today's decision in Juol Sands Inc. v. Humberplex Developments Inc., 2009 ONCA 469 is a useful source for a standard principle of contract interpretation:
[21] In my view, where there are two possible interpretations that can be given to the words in question, the interpretation that is consistent with the language of the document when read as a whole ought to prevail. In Ventas, Inc. v. Sunrise Senior Living Real Estate Investment Trust (2007), 85 O.R. (3d) 254, at para. 24, the Court of Appeal stated the principle as follows:
(a) as a whole, in a manner that gives meaning to all of its terms and avoids an interpretation that would render one or more of its terms ineffective
James Morton
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