Over $75,000.00 was added to this personal injury award on account of the Increased discount rates! (McLeod v. Goodman,2014 BCSC 1551), Future loss of earnings and costs of future care in ICBC injury claims now have to be increased to more accurately reflect the claimants real losses.
As a result of changes to the discount rates pursuant to s. 56(2) of the Law and Equity Act, R.S.B.C. 1996, c. 253 on April 30, 2014, the judge increased the awards made for cost of future care and future loss of earning capacity in his reasons cited at 2014 BCSC 839.
Read our article about the changes:

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