Self-employed applicant's weekly income benefits calculated at statutory minimum where business suffered a loss.
The applicant, a self-employed carpenter, was injured in a motor vehicle accident and applied for statutory accident benefits.
The parties disputed the calculation of his weekly income benefits.
The applicant argued his income should be based on the four weeks preceding the accident, utilizing a 'work-in-progress' accounting method for an unfinished renovation contract.
The arbitrator rejected this method because the partnership was not paid in full for the work and ultimately suffered a loss.
The applicant failed to establish his income exceeded the deemed statutory minimum.
The arbitrator ordered the insurer to pay the minimum weekly income benefit of $185.60, plus the applicant's arbitration expenses.
OFSCDRSOntario Financial Services Commission - Dispute Resolution ServicesJan 1, 1994
