Review of Cost of Production Formulas in the Regulated Ontario Chicken Industry
Our work in this matter included identifying, collecting and analyzing the relevant financial documents, reviewing and analyzing the capital model of the cost of production formulas for the different sectors of the Ontario chicken industry (i.e. return on capital and return of capital calculations), preparing expert reports and reply reports detailing our analysis and recommendations related to the capital model of the cost of production formulas and comments on the opposing experts’ reports, providing expert testimony during the various hearings, and assisting Counsel by providing suggested questions for the cross-examination of the opposing experts.
This case involved many complex financial issues including the appropriateness of real vs. nominal rates of return, appropriate risk premiums, among others. These matters are ongoing.