On December 9, 2020, our provincial government lowered the interest rates on damages that plaintiffs receive in motor vehicle accidents. Our Court of King’s Bench in Jackson v Cooper had to decide whether the change in interest rates was retroactive or not. In other words, the Court had to determine whether the lowered interest rates applied to motor vehicle accidents that occurred even before December 9, 2020.
So, you’ve had a motor vehicle accident. You’ve exchanged contact and insurance information with the other driver at the scene of the accident, taken pictures of the damage, and spoken to any witnesses. You’ve noted anything important about the scene. The vehicles involved are driveable, and thankfully nobody needs an ambulance. You’ve called the police, but they’ve told you that they aren’t going to attend the scene, and you need to file a report. If the accident happened within the City of Edmonton, that used to mean going to a police station to file a report. Starting on September 29, 2022, that will no longer be the case.
Loss of earning capacity
If you are injured in a car accident, which you did not cause, you may be entitled to compensation for the losses you suffer. One potential type of loss is your ability to earn income in the future. This is separate from any income you have already lost from missing work while recovering from your accident.
Being involved in a car accident is always a stressful experience. But getting into a car accident while driving a rented vehicle can add even more stress to an already difficult situation. That is why it is good to be prepared before renting a vehicle, so that you know what your options are if you happen to get into an accident.
How much is my file worth?
We are often asked “how much is my file worth?” or “will I get a million dollars for my injuries?”. The fact of the matter is that determining what your injuries are worth in law is an art and not a science. No two cases are the same, and it all depends on your injuries and the impact that these injuries have had on you. This blog will discuss the way that injury claims work and the many different parts that make up an injury claim.
With the warm weather upon us, so too are road trips and cross border visits to the many scenic and beautiful locations in Canada. If you are travelling to British Columbia this summer by road, it is important to know how claims in British Columbia operate compared to the claims in Alberta.