Position of the Canadian Courts on the Admissibility of Hindsight in Business Valuation

Richard M. Wise of Wise, Blackman LLP, a Montreal valuation firm serving clients across Canada and the U.S., was President of The Canadian Institute of Chartered Business Valuators, Special Assistant to the Minister of National Revenue, Ottawa, and International Governor of ASA. He is author of Financial Litigation—Quantifying Business Damages and Values (Canadian Institute of Chartered Accountants), co-author of Guide to Canadian Business Valuations (Carswell), and Vice-Chair of the ASA Business Valuation Standards Subcommittee.