Economic Damages Calculator

Calculating damages...

Economic Damages Calculator

Client
Information

Employment
Details

Collateral
Benefits

Missed
Time

Loss
Calculation

Client Information

Client Name

Province

Provincial laws determine applicable tax rates and benefits calculations.

Number of Dependents (under 18)

Dependents under 18 qualify for benefits ($2,616 per child, up to $8,375)

Employment Information

Employment Type

Annual Salary (CAD)

Hours Worked Per Day

Hourly Rate (CAD)

Hours Per Week

Include 4% Vacation Pay

Vacation pay is calculated as an additional 4% on top of regular earnings.

Working Days Per Year

Standard work year has 252 working days (365 days - 104 weekend days - 9 statutory holidays)

Tax Year

Tax year for calculation

Collateral Benefits

Benefits Received to Date

Enter the total amount received to date for each benefit category since the date of loss

EI Benefits (to date)

Section B Benefits (to date)

LTD Benefits (to date)

CPPD Benefits (to date)

Other Benefits (to date)

Annual Benefits Going Forward

Enter the annual amount for each benefit category going forward

EI Benefits (annual)

EI Benefits Start Date

EI sickness benefits are limited to 26 weeks maximum.

Section B Benefits (annual)

LTD Benefits (annual)

CPPD Benefits (annual)

Other Benefits (annual)

Missed Time

Unit of Missed Time

Number of Missed Time Units

Loss Calculation

Date of Loss/Accident

Calculate Future Lost Wages?

Proposal Date

Return Status

Speculative Return to Work Date

Client's Birthdate

Retirement Age

Annual Discount Rate (%)

Pre-Judgment Interest Rate (%)