McKellar News and Blog

New Federal Budget Makes Structured Settlements Even More Attractive for Seniors

Among other things, last week’s federal budget proposed legislation to boost Old Age Security (OAS) payments for seniors aged 75 and older by 10 percent, annually, beginning July, 2022. This is in addition to a one-time payment of $500.00 this ...

McKellar Valuation Tools: Which One Should You Use?

When preparing for settlement discussions, counsel and adjusters alike often turn to one or more of McKellar’s valuation tools.  Is it better to use a present value calculator or an annuity cost to determine the settlement value of a file?...

Happy Retirement John Rousseau

John Rousseau, LL.B., LL.M., M.B.A., CSSC, Vice-President and member of the Board of Directors of McKellar Structured Settlements Inc., will be retiring effective December 31, 2020. John left private practice as a personal injury lawyer with a...

McKellar Slide Rules Are On the Way!

Watch for your 2021 Slide Rule coming soon! Each year, we provide an updated Slide Rule based on the most recent discount rate information and Statistics Canada Life Expectancy information available.  This year, there was a life expectancy up...

Happy Holidays

As we close out 2020 after a challenging year, we could not be more grateful for the support of all our clients. Though we have all struggled through Covid, and face a holiday season spent apart from many of our loved ones, we also know there ...

In Memory of Cecil Paull

We are saddened to announce that our good friend and colleague, Cecil Paull, has passed away.  He worked with us, on our Alberta files, for almost 30 years.  Before joining McKellar, he worked as a life insurance agent and advisor in Ed...

Another New Principal at McKellar!

Bradley Cann (HBA) Congratulations to Bradley Cann on his promotion to Principal. Bradley joined McKellar in 2009 and has worked in a variety of roles within the company, including Brokerage Specialist, Structured Settlement Analyst, and As...

New Principal at McKellar

Sumitra Lagoo (B.A., LL.B.) McKellar Structured Settlements is pleased to announce that Sumitra Lagoo has joined the company as a Principal. Sumitra's extensive personal injury experience make her a great addition to our Legal Department, ...

ODSP and Ontario Medical Malpractice Claims

Since August of 2017, personal injury funds paid for future medical care and pain and suffering (and any accompanying prejudgment interest) are fully exempt from consideration for ODSP eligibility. However, while the lump sum amount is exempt,...

Always At Your Fingertips!

Many of you already know and love the annual McKellar Slide Rule that we mail out each year. But some of you still don’t know about the free McKellar mobile smartphone app.  It has the same life expectancy and present value information ...