If the accident causes you to be unable to work for some time, and thus suffer a loss of income, then you can claim for
your net wage loss.
Secondly, if you are suing a driver that has third party liability coverage with ICBC then you are only entitled to
net wage loss.
Not exact matches
It is seeking government funding and incentives as well as
wage concessions to save the unit, which just posted an annual
net loss of $ 1.1 billion, its fourth straight year in the red.
Mr. Calder agrees the plaintiff is only entitled to
net past
wage loss but argues that the award to replenish the sick bank is the gross amount of past
wage loss, not the
net amount.
Mr. Gibb notes that the plaintiff is only entitled under the provisions of the Insurance (Vehicle) Act, R.S.B.C. 1996, c. 231, to recover
net past
wage loss and that income tax contributions and Employment Insurance premiums are to be deducted from the gross earnings to determine
net past
wage loss.
In the British Columbia Court of Appeal decision in Laxdal v Robbins, the Court clarified how
net past
wage loss is to be determined.
To start with, ICBC is only required to pay you the
net amount of your
wage loss after factoring in your income tax obligations as well as your Employment Insurance premiums.
The actual economic impact of injury on workers «deemed» by the WSIB, showing pre-injury income,
net average earnings,
loss of earning (LOE) benefit (85 %), impact of deductions due to minimum
wage increases, consequences for social support systems and the injured worker.