Can an economist's projections based on a multiplier of annual income be used to assess future loss?
British Columbia, Canada
The following excerpt is from Kondor v. Shea, 2014 BCSC 2146 (CanLII):
The use of a multiplier of annual income is one possible method of assessing the future loss. An economist’s projections based on multipliers can be of assistance to the court. It may be useful in appropriate circumstances to start the analysis of future loss with reference to projections based on multipliers: Jurczak v. Mauro, 2013 BCCA 507 at para. 37.
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