The Ontario Court of Appeal held that an insurer’s claim of rectification is subject to the Limitation Act, 2002 (although Manulife’s rectification claim was not barred in the circumstances of this case). The Court of Appeal also upheld the trial judge’s award of substantial indemnity costs of $1.2 million against the insured on the basis that hte insured’s case had “no air of reality” and that he had fabricated evidence.
