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ARTICLE · 14 SEPTEMBER 2022

Court Provides Guidance On Pre-judgement Interest Calculation

On September 9, 2022, the Alberta Court of King's Bench released the decision in Jackson v Cooper, 2022 ABKB 609. The Plaintiff in this matter sought damages for injuries suffered in a motor vehicle...

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On September 9, 2022, the Alberta Court of King's Bench released the decision in Jackson v Cooper, 2022 ABKB 609. The Plaintiff in this matter sought damages for injuries suffered in a motor vehicle accident on October 21, 2015. As part of the relief sought, the Plaintiff requested a finding from the Court with respect to the calculation of pre-judgment interest ("PJI") on any general damages awarded.

The Insurance (Enhancing Driver Affordability and Care) Amendment Act, 2020 SA 2020, c 36 ("Insurance Amendment Act"), which came into force on December 9, 2020, modified the calculation of pre-judgment interest for motor vehicle accident claims by adding s 585.2(2) to the Insurance Act, RSA 2000, c I-3 (the "Insurance Act").

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