Economic Loss Calculators
Life/Worklife Expectancy Calculator
Male
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{{appdata.le.expactancy.work['Male'] | number : 1}}
N/A
Female
{{appdata.le.expactancy.life['Female'] | number : 1}}
{{appdata.le.expactancy.work['Female'] | number : 1}}
N/A
The life expectancy number is the remaining life expectancy of the average Canadian, given the gender
and age represented [Source: Statistics Canada, Health Statistics Division: Life Tables, Canada,
Provinces and Territories, 2017-2019].
The worklife expectancy is defined as the "statistically average remaining years of participation in the labour force for a person of a given age and demographic characteristics" [Source: H. Richards and J.R. Abele, Life and Worklife Expectancies (Tucson, Arizona: Lawyers & Judges Publishing Col, 1999)].
Thank you to Cara Brown of Brown Economic Consulting Inc. (www.browneconomic.com) for her contribution to our worklife expectancy calculator.
The worklife expectancy is defined as the "statistically average remaining years of participation in the labour force for a person of a given age and demographic characteristics" [Source: H. Richards and J.R. Abele, Life and Worklife Expectancies (Tucson, Arizona: Lawyers & Judges Publishing Col, 1999)].
Thank you to Cara Brown of Brown Economic Consulting Inc. (www.browneconomic.com) for her contribution to our worklife expectancy calculator.
Present Value Calculator
0.5%
{{ appdata.pv.annual_income * (appdata.pv.rates['0.5%'] - appdata.pv.def_rates['0.5%']) | currency : '$' : 2 }}
1.0%
{{ appdata.pv.annual_income * (appdata.pv.rates['1.0%'] - appdata.pv.def_rates['1.0%']) | currency : '$' : 2 }}
1.5%
{{ appdata.pv.annual_income * (appdata.pv.rates['1.5%'] - appdata.pv.def_rates['1.5%']) | currency : '$' : 2 }}
2.0%
{{ appdata.pv.annual_income * (appdata.pv.rates['2.0%'] - appdata.pv.def_rates['2.0%']) | currency : '$' : 2 }}
2.5%
{{ appdata.pv.annual_income * (appdata.pv.rates['2.5%'] - appdata.pv.def_rates['2.5%']) | currency : '$' : 2 }}
3.0%
{{ appdata.pv.annual_income * (appdata.pv.rates['3.0%'] - appdata.pv.def_rates['3.0%']) | currency : '$' : 2 }}
3.5%
{{ appdata.pv.annual_income * (appdata.pv.rates['3.5%'] - appdata.pv.def_rates['3.5%']) | currency : '$' : 2 }}
4.0%
{{ appdata.pv.annual_income * (appdata.pv.rates['4.0%'] - appdata.pv.def_rates['4.0%']) | currency : '$' : 2 }}
4.5%
{{ appdata.pv.annual_income * (appdata.pv.rates['4.5%'] - appdata.pv.def_rates['4.5%']) | currency : '$' : 2 }}
5.0%
{{ appdata.pv.annual_income * (appdata.pv.rates['5.0%'] - appdata.pv.def_rates['5.0%']) | currency : '$' : 2 }}
ONTARIO
{{ appdata.pv.annual_income * (appdata.pv.rates['ONTARIO'] - appdata.pv.def_rates['ONTARIO']) | currency : '$' : 2 }}
QUEBEC*
{{ appdata.pv.annual_income * (appdata.pv.rates['QUEBEC*'] - appdata.pv.def_rates['QUEBEC*']) | currency : '$' : 2 }}
*Québec’s discount rate for Future Care (Goods) is 3.25 % (which is what this calculator is in
reference to). Québec’s discount rate for Loss of Earnings and Future Care (Services) is 2.00%.
Thank you to Ian Wollach of Collins Barrow (www.collinsbarrow.com) for his contribution to our present value calculator.
Thank you to Ian Wollach of Collins Barrow (www.collinsbarrow.com) for his contribution to our present value calculator.