CCQ, r. 1 - Regulation under article 1614 of the Civil Code respecting the discounting of damages for bodily injury

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Updated to 1 September 2012
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chapter CCQ, r. 1
Regulation under article 1614 of the Civil Code respecting the discounting of damages for bodily injury
Civil Code of Québec
(Civil Code, art. 1614).
1. The discount rates applicable to the calculation of the damages owed to the creditor for the bodily injury he sustains are, as to the future aspects of the injury,
(1)  for losses resulting from a decrease in earning capacity and progression of income, salary or wages: 2%; and
(2)  for other loss resulting from inflation: 3,25%.
O.C. 271-97, s. 1.
2. (Omitted).
O.C. 271-97, s. 2.
REFERENCES
O.C. 271-97, 1997 G.O. 2, 1141