Today’s Tip: research with an eye to time relevance
talk about today’s dollars.
When you are reading case law with a monetary award, you might want to look at that award in today dollar values. The Bank of Canada Inflation Calculator is a great link to put in your favourites as it can quickly give you a present value for a historical figure.
How significant is inflation? $10000 in 1969 is worth $61,354.17 today.