The figures set out immediately above do not take into
consideration the reduction of the $125,000 awarded for non-pecuniary damages on the basis of the finding of 10 per cent contributory negligence. The defendant’s figure of $6,462.58 takes
that reduction into account.
c) The exercise of discretion
 Section 130(2) of the CJA sets out six specific factors and
one catch-all factor to be considered by a trial judge when asked
to exercise his or her discretion to depart from the default pre-
judgment interest rate:
(a) changes in market interest rates;
(b) the circumstances of the case;
(c) the fact that an advance payment was made;
(d) the circumstances of medical disclosure by the plaintiff;
(e) the amount claimed and the amount recovered in the proceeding;
(f) the conduct of any party that tended to shorten or lengthen unneces-
sarily the duration of the proceeding; and
(g) any other relevant consideration.
 The plaintiff relies on the factors listed in paras. (b) and
(e) above. In addition, the plaintiff relies on a perceived unfairness to the plaintiff because the defendant will receive a
windfall if prejudgment interest is awarded at the rate of
1.3 per cent.
 The defendant argues that none of the factors are present;
therefore, the court should not exercise its discretion to depart
from the default interest rate.
 The purpose served by an award of prejudgment interest
was summarized by the Court of Appeal, at para. 86 of its deci-
sion in Cobb:
Prejudgment interest is meant to compensate for the loss of use of money’s
worth from the date when the injury is sustained to the time of judgment.
The goal is to fairly compensate an injured party and to restore to him or
her, so far as money is able to do, all that he or she has lost as result of the
injury — but neither too much, nor too little. The provisions of the Courts of
Justice Act concerning prejudgment interest do this by preserving the
court’s discretion not to apply the default rate.
 The prejudgment interest rates prescribed by the CJA
are based on the bank rate, at the applicable time, rounded to
the nearest tenth of a percentage point. The default rate prior to