McKellar News and Blog

Statistics Canada Releases Latest Updated Life Expectancy Data

On January 24, 2022, Statistics Canada released their updated life expectancy tables.  Not surprisingly, this latest update shows a slight decline in life expectancy, due to the impact of COVID-19. In addition to the standard three-year life ...

Congratulations to Rita Levato on Becoming President of McKellar

On behalf of the Board of Directors of McKellar Structured Settlements Inc., and with their unanimous approval, Mary Anne Reuel (Secretary and Treasurer) is pleased to announce the appointment of Rita M. Levato, BA, LL.B., CSSC, to the position o...

Wishing Ralph Fenik a Happy Retirement

Ralph Fenik, FCIP, President and member of the Board of Directors of McKellar Structured Settlements Inc., will be retiring effective December 31, 2021. In 1986, Ralph took a leap of faith and left his role as National Casualty Manager for All...

Season’s Greetings

As 2021 draws to a close, we would like to take a moment to thank all of our clients for their support during another challenging year as we continued to navigate our way through the pandemic and prepare for our move to our new office. In the ...

New Principal at McKellar

Congratulations to Nathan Kikkert on his promotion to Principal. Nathan joined McKellar in 2010 and has worked in a variety of roles within the company, including Brokerage Specialist and Associate.  His knowledge on government benefits a...

Why Isn’t the Structure Funding in the Settlement Documents?

Those of you who work with us know that at McKellar, our Legal Department will assist in ensuring the Final Release or Judgment/Order applicable to your structured file is structure-compliant from a Canada Revenue Agency (CRA) perspective.  ...

Being Promised Better Returns? Don’t Forget About Those Hidden Management Fees!

Have you ever been offered a “great deal” for a flight or hotel, only to be frustrated after about additional fees or surcharges?  Hotels don’t advertise their additional “resort” fees, and some airlines charge more for your baggag...

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...