Not exact matches
1)
Capacity to repay (your income) 2) Current economic conditions (your profession's current economic status
as well
as your city and country's economic situation) 3)
Capital put down (the down payment you provide, which is the amount of equity you're offering to secure the
asset) 4) Collateral (what the home is worth) 5) Character (your history of paying off debts, otherwise known
as your credit history)
I would describe
capacity building
as improving human
capital rather than changing social
capital although
capacity building could be argued to be the building of any productive
assets of a person which would include some aspects of social
capital.
Here the Plaintiff advanced a claim of loss of earning
capacity using the «
capital asset approach «
as set out by our Court of Appeal in Pallos v. ICBC.
At trial, Justice Shultes quantified Mr. Fadai's impaired future earning
capacity under the «
capital asset approach» and following considerations
as set out in Brown v Golaiy (1985), 26 B.C.L.R. (3d) 353 at para 8:
Rather than using the earnings approach in an attempt to quantify diminished earning
capacity, the Court adopted the other accepted approach, that being the
capital asset approach,
as quantification of diminished earning
capacity was not easily measurable.
In the case at bar, the Court preferred the «earnings approach» in determining diminished earning
capacity, over the «
capital asset» approach,
as the «earnings approach» is more helpful when the loss is easily measurable.
Rather than attempting to determine an amount for diminished earning
capacity by using the earnings approach, which is more suitable where the loss can be easily measured, the Court used the
capital asset approach,
as the Plaintiff had no history of full time employment, and had yet to fully establish herself in her field.
Rather than using the earnings approach for the purposes of determining an amount to award the Plaintiff for diminished earning
capacity, the Court adopted the
capital asset approach,
as set out in Brown v. Golaiy.
In Leskun v. Leskun, [2006] 1 S.C.R. 920, at para. 29, the Court defined «means»
as including «all pecuniary resources,
capital assets, income from employment or earning
capacity, and other sources from which the person receives gains or benefits», adopting the formulation of the traditional interpretation of «means» in Strang v. Strang, [1992] 2 S.C.R. 112, at para. 15.
It is not usually appropriate to impose a clean break on someone in their late 40's or 50's
as their earning
capacity is quite often limited, there are obviously exceptions if that party has substantial
capital assets to sustain them going forward.