Ontario Discount Rates for Trials commencing in 2014 announced

Life Expectancy Calculator

Our calculator will provide you with the remaining life expectancy of the average Canadian of a particular age and gender, based on the most recent Statistics Canada life expectancy data*.

*Source: Statistics Canada, Life Table for Canada (2020-2022).

Gender:

Male

Female

Age:

0 yrs

99 yrs

Results:

A 40 year old male is expected to live another
years.

Life expectancy before age 65 is years.

Calculate Present Value:

To Life Expectancy To Age 65

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Present Value Calculator

Our immediate present value calculator will provide you with the approximate present value of a future stream of $xxx.xx per year, paid monthly, for a given number of years. You will need to select the appropriate discount rate depending on the type of payments (level or indexed) to be made.

For tort claims in Ontario, the discount rate is set annually as per Rule 53.09 of the Ontario Rules of Civil Procedure and is noted as ON in the discount rate drop-down list.

Immediate Start

Deferred Start

Years

Number of Years of Payment:

Discount Rate:

Current Annual Dollar Amount:

Present Value Results:

The Present Value of $2500 per year, paid monthly, for 10 years using a discount rate of 3.00% is $21617.17

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Court Award Inflation Calculator

Our calculator will provide the current value of a past Court award adjusted for inflation. The current value is calculated using the most recent Consumer Price Index data available. If you are unsure of the month of the Court Award, you can select the Average annual option ("Use Avg. Ann.").

Amount of Court Award:

Year of Court Award:

Month of Court Award:

Results:

A $ Court award in , adjusted for
inflation*, would be equivalent to $ in
of .

*Calculated using the Consumer Price Index for Canada, all-items, not seasonally adjusted historical data (2002 = 100).

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The latest from McKellar and the world of structured settlements.