Now accepting new client matters Toronto · Ontario
416-554-1639 / Jonathan@JKleiman.com
Home
Business Lawyer
Business Lawyer (Overview) Incorporation Selling A Business Sole Proprietorship Partnership Agreement Lawyer Shareholders' Agreement Shareholder Disputes Corporate Maintenance
Buying A Business
Buying a Business Lawyer Franchise Lawyer Toronto
Contracts
Contract Lawyer Toronto Contract Disputes Breaking a Contract NDA & Confidentiality Non-Compete Agreements
Small Claims Court
Small Claims Court Lawyer Sue Auto Repair Shop Sue Home Contractor Unpaid Invoices & Loans Small Claims Defence Debt Collection Commercial Litigation Mediation & Arbitration Small Claims Calculator Prejudgment Interest Calculator Postjudgment Interest Calculator Limitation Period Checker Court Locations
Landlord & Tenant
Landlord & Tenant Lawyer Property Management Lawyer Commercial Lease Lawyer
Areas
Toronto Mississauga Brampton North York Vaughan
Testimonials Blog Contact
Free Consultation
Home/Postjudgment Interest Calculator
Litigation Tools

Ontario Postjudgment
Interest Calculator.

Calculate postjudgment interest under section 129 of the Courts of Justice Act on an unpaid judgment. Enter the order date and the calculator selects the correct quarterly rate automatically — then computes the simple interest accruing until payment. Updated for 2026.

· Reviewed by Jonathan Kleiman, J.D.

15+
Years at the
Ontario Bar
s.129
Courts of
Justice Act
4.7
224 verified
Google reviews
FREE
30-minute
consultation

Calculate postjudgment interest

Postjudgment interest is calculated under section 129 of the Courts of Justice Act using the quarterly rate published by the Ontario Ministry of the Attorney General. Enter the date of the order and the calculator picks the right rate for you. The current postjudgment rate (Q2 2026) is 4.0%.

Postjudgment Interest Estimator

Enter your judgment details below. Fields marked with * are required.

The amount of the order (may include costs)
Sets the rate and the date interest starts
Interest runs to this date (defaults to today)
Auto-fills from the order date. Edit to use a contractual rate.

How Ontario postjudgment interest is calculated

Once you have a judgment, the amount owing keeps earning interest until it is paid. This postjudgment interest is governed by section 129 of the Courts of Justice Act and calculated as simple interest at the rate published quarterly by the Ministry of the Attorney General.

The formula

Interest = Judgment Amount × Rate × Days ÷ 365

Where Rate is the postjudgment rate for the quarter the order was made, and Days is the number of days from the date of the order to the date of payment.

Which quarter's rate applies?

The postjudgment rate is fixed by the quarter in which the order was made. That single rate applies for the entire time the judgment remains unpaid — it does not change as later quarters bring new rates, even if the judgment goes unpaid for years.

Key rules for postjudgment interest

  • Interest is simple, not compound
  • The rate is locked at the quarterly rate when the order was made
  • Interest runs from the date of the order until the judgment is paid
  • It applies to the whole amount of the order, including costs, from the date of the order
  • If the judgment is on a contract with a higher rate, the contractual rate continues (s. 129(5))
  • Partial payments reduce the balance on which interest keeps accruing

Current Ontario prejudgment & postjudgment interest rates

Quarter Prejudgment Rate Postjudgment Rate
Q2 2026 (Apr – Jun) 2.5% 4.0%
Q1 2026 (Jan – Mar) 2.5% 4.0%
Q4 2025 (Oct – Dec) 3.0% 4.0%
Q3 2025 (Jul – Sep) 3.0% 4.0%
Q2 2025 (Apr – Jun) 3.3% 5.0%
Q1 2025 (Jan – Mar) 4.0% 5.0%
Q4 2024 (Oct – Dec) 4.8% 6.0%
Q3 2024 (Jul – Sep) 5.3% 7.0%
Q2 2024 (Apr – Jun) 5.3% 7.0%
Q1 2024 (Jan – Mar) 5.3% 7.0%
Q4 2023 (Oct – Dec) 5.3% 7.0%
Q3 2023 (Jul – Sep) 4.8% 6.0%

Source: Ontario Ministry of the Attorney General. The calculator stores the full official series back to 2000.

Why postjudgment interest matters for enforcement

A judgment that sits unpaid is not standing still — it grows. Postjudgment interest is a real, recoverable part of what a debtor owes you, and it continues until the judgment is satisfied through payment, a garnishment, a writ of seizure and sale, or another enforcement step. When you enforce, you are entitled to collect the accrued interest on top of the principal and costs.

Holding a judgment that hasn't been paid?

Free 30-minute consultation. Get a clear plan to enforce and collect — interest included.

Postjudgment vs. prejudgment interest

Postjudgment interest covers the period after judgment — from the date of the order until payment. Prejudgment interest covers the period before — from when your claim arose to the date of the order, at a different rate set by the quarter the proceeding was commenced. If you are still calculating what a claim is worth before judgment, use the Ontario Prejudgment Interest Calculator instead.

Enforcing a smaller judgment? The Small Claims Court Calculator and our debt collection page walk through recovery from demand through enforcement.

Frequently Asked Questions

Postjudgment interest FAQ

What is postjudgment interest in Ontario?

Postjudgment interest accrues on the money owing under a court order, from the date of the order until it is paid. It is awarded under section 129 of the Courts of Justice Act at the quarterly postjudgment rate set by the Ministry of the Attorney General, calculated as simple interest.

What is the postjudgment interest rate in Ontario for 2026?

For Q2 2026 (April – June), the Ontario postjudgment interest rate is 4.0%. The rate that applies is the rate for the quarter in which the order was made, and it stays fixed until the judgment is paid — even if payment takes years.

Does postjudgment interest keep accruing until the judgment is paid?

Yes. It runs from the date of the order until the judgment is satisfied. The rate is fixed at the rate for the quarter the order was made and does not change as later quarters bring new rates. Partial payments reduce the balance on which interest continues to accrue.

Is postjudgment interest simple or compound?

It is simple interest — it does not compound. Interest is calculated on the amount of the order, not on previously accrued interest.

What if my contract provided for a higher interest rate?

Under s. 129(5), where the judgment is for money owing under a contract that provides for a rate of interest higher than the postjudgment rate, the money owing under the order bears interest at the contractual rate instead. Enter that rate in the override field.

How do I actually collect the interest?

Postjudgment interest is collected together with the judgment through enforcement — garnishment, a writ of seizure and sale, or an examination in aid of execution. A debt collection lawyer can calculate the running total and pursue the steps that actually recover it.

Free Consultation

Enforcing or collecting on a judgment?

Jonathan Kleiman helps businesses and individuals enforce judgments, garnish wages and accounts, and recover unpaid debts throughout Toronto and Ontario — accrued interest and costs included.

  • Free 30-minute consultation
  • Flat-fee and block-fee pricing — no surprises
  • Garnishment, writs, and examinations
  • Available evenings and weekends
  • Serving Toronto and all of Ontario
Call Now — 416-554-1639

Request a free consultation

Describe your judgment and Jonathan will contact you — usually the same day.

Or call 416-554-1639 for an immediate consultation.

Service Area

Serving Toronto and all of Ontario

Jonathan represents individuals and businesses enforcing and collecting judgments throughout the Greater Toronto Area — including Toronto, Mississauga, Brampton, Vaughan, Markham, North York, and Scarborough — as well as clients across Ontario through remote consultations.

You don't have to handle it alone.

Book a free 30-minute consultation with Jonathan. Bring your judgment, ask your questions, and leave with a clear plan to collect what you're owed — interest and costs included.

Call 416-554-1639 Free Consultation