We would like to take this opportunity to highlight some of Peter Ross’s life benchmarks. He is the founder of Forecs, a forensic economics consulting firm. His partner in this venture was his son Curtis Ross.

Peter was born in London, England during the Second World War. At age 2 he and his mother came to Canada and were later joined by his father who was in the military. They moved to Sarnia where Peter attended high school. Peter quickly distinguished himself with his love of sports and his academic achievement. He was asked to act as Valedictorian of this high school graduation class.

Peter enlisted in military college where he took a science curriculum. He changed directions and returned to London, Ontario where he entered economics at the University of Western Ontario (“UWO”). He received and Honours BA and later a MA in economics. He began his PHD program in economics at UWO but did not complete the program as he decided to move on from academia.

He accepted instructor positions and taught economics at the University of Regina, University of Alberta and Lambton College. He joined the Federal Government in 1970 and moved to Ottawa. While with the Federal Government he headed the task force in the classification of The Canadian Classification and Dictionary of Occupations Volume 2 also known as the NOC classification system. His immediate supervisor was David Dodge the present governor of the Bank of Canada.

Peter was not one to rest on his laurels; he entered UWO Law School in the fall of 1977, graduating in 1980. He was called to the Bar in 1982. He articled at Lerners in London, but did not practice law, but took on contract position with the Federal Government for the next five years.

Peter Continued his work in forensic economics and immediately asked his son Curtis a recent UWO graduate to join his economic consulting practices. Forecs was born specializing in forensic economics and litigation related economics. Peter continued his practice until his death on January 30, 2005.

Peter was a family man with two children Curtis and Kim and two grandchildren. Peter was a voracious reader and loved to write and published extensively in variety of publications. Peter was a visionary in a number of ways able to integrate his understanding of the law and his ability to garner his economic insights to develop poignant demonstrations of his client’s economic position in a lawsuit. Peter could communicate these very ably at trial as an expert witness. Peter’s insight led to the development of the interactive website: www.restitutioeconomics.com

This website although brilliantly innovative is still a work in process. The baton has now been handed to Curtis Ross Manager Economics and Gordon Krofchick CA., C.B.V. who continue to develop new, relevant, tools for the legal, insurance and adjusting communities. We are also pleased to announce that Mr. Saqib Durrani MA Econ, MBA. CFE has joined our firm and Gordon Krofchick has joined as a principal.

As you may be aware, Forecs has specialized in providing expert economic analysis and loss quantification for more than 18 years. Forecs has distinguished itself for providing fatal accidents and abuse/assault cases. Forecs has enjoyed and excellent reputation for quality professional work often leading in new areas of the development and evolution of the law as it relates to damages.

With the addition of Mr. Gordon Krofchick, Mr. Saqib Durrani and our combined supporting staff with more than 70 years of collective specialized service, we are well positioned to continue the Forecs tradition. This will allow us to continue to provide the level of highly competent timely expert assessments, which Forecs has earned a reputation for. We will also be able to assist in providing forensic accounting, forensic economics, business valuations, damage quantifications, insurance – no-fault tort & business interruption and real estate economics. The result of which will be and expanded range of products and services that we at Forecs and our sister company Krofchick Valuation Partners are proud to offer.

By Gordon Krofchick & Curtis Ross

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