What is the statutory discount rate for future loss of earnings and care costs?
British Columbia, Canada
The following excerpt is from Lester v Alley, 2022 BCSC 121 (CanLII):
The statutory discount rates recognize that damage awards are discounted to reflect the present value of future lost earnings or care costs: Pearson at para. 103; Townsend v. Kroppmanns, 2004 SCC 10 at para. 5.
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