What is the test for discounting rates?

Saskatchewan, Canada


The following excerpt is from Wincheruk v. Dawe and Diehl, 1986 CanLII 3200 (SK QB):

The matter of discount rates is an issue of fact to be determined by the trial judge. Lewis v. Todd, 1980 CanLII 20 (SCC), [1980] 2 S.C.R. 694; 34 N.R. 1; 115 D.L.R.(3d) 257; 14 C.C.L.T. 294. Further, by that decision, if the figures lead to an award, which in all the circumstances seems to be inordinately high, it is my duty to adjust those figures downward. In a like manner, I am to adjust them upward if they lead to what seems to be an unusually low award.

Other Questions


Does the value of a jointly owned property have to be discounted because the wife’s sister has a joint interest in the property? (Saskatchewan, Canada)
What is the test for a train company to limit its rate of speed? (Saskatchewan, Canada)
What is the effect of a global discount on an assessment? (Saskatchewan, Canada)
Can a bank charge a fixed rate of interest on a promissory note? (Saskatchewan, Canada)
What is the effect of having the mother of an infant agree to a certain birth rate? (Saskatchewan, Canada)
Is a mortgagee who has made a loan on mortgage, but has not executed the mortgage deed, bound to give effect to a proviso that reduces the interest rate of interest on punctual payment? (Saskatchewan, Canada)
Is a plaintiff not negligent in entering on an intersection when he did, having regard to the respective positions of the two vehicles and rates of speed at which they were travelling? (Saskatchewan, Canada)
What is the defence of the defence that the engine was not true to type and would not develop the rated horse power? (Saskatchewan, Canada)
What is the current exchange rate for an action for an account? (Saskatchewan, Canada)
Is a bank negligent in not informing the borrower of the change in prime rate? (Saskatchewan, Canada)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.