What factors have been applied to assess the value of a lost or impaired asset?
British Columbia, Canada
The following excerpt is from Penland v. Lofting, 2008 BCSC 507 (CanLII):
Finally, the case law has consistently applied the relevant factors for assessing the value of the lost or impaired asset set out in Brown v. Golaiy at para. 8: 1. The plaintiff has been rendered less capable overall from earning income from all types of employment; 2. The plaintiff is less marketable or attractive as an employee to potential employers; 3. The plaintiff has lost the ability to take advantage of all job opportunities which might otherwise have been open to him, had he not been injured; and 4. The plaintiff is less valuable to himself as a person capable of earning income in a competitive labour market.
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