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Federal Court - Christian Aboriginal Infrastructure Developments ...

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Page: 348<br />

[1313] Mr. Van Leeuwen initially calculated under pro forma no. 2 that the mill had an unrealized<br />

EBITDA of $42,500,000, for 2001 to 2010. As I previously stated, this amount must be reduced due<br />

to the change in Mr. Van Leeuwen’s evidence with respect to the Alaska market. It must also be<br />

reduced to account for the LRF. As such, I find that on the balance of probabilities the Plaintiffs’<br />

expectation losses for 2001 to 2010 were $31,000,000. The Plaintiffs are entitled to recover these<br />

expectation losses as damages.<br />

2010 FC 495 (CanLII)<br />

[1314] I have chosen to rely on the precise calculation of expectation losses from Mr. Van<br />

Leeuwen’s evidence, but in any event these damages, totalling $31,000,000, represent a reasonable<br />

amount of compensation for the expectation losses of 2001 to 2010. Any difficulties in calculation<br />

should not prevent the Plaintiffs from recovery of this reasonable quantum of compensation; see<br />

Wingate.<br />

[1315] Further, I have accepted that it was reasonable to project the expectation losses for 20 years.<br />

However, I find that the calculation of the further 10 years of expectation losses, for 2011 to 2020, is<br />

not capable of a precise mathematical calculation. Nevertheless, I agree with the Manitoba <strong>Court</strong> of<br />

Appeal in Wingate that it is “better that the damaged party receive a reasonable, if not<br />

mathematically measurable, amount than that there should be no compensation for the loss.”<br />

[1316] The Defendant was aware of the Plaintiffs’ intentions to proceed with value-added facilities.<br />

As such she had notice that failure to fulfill her obligations would prevent the Plaintiffs from<br />

realizing their expectations with respect to Phase 3; see Exhibit P-79, Tab 282.

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