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The financial impact of life-altering pedestrian collisions and fatalities in Calgary could be $120 million each year, and possibly higher, according to newly released city figures.

Calgary’s transportation department recently adopted societal cost estimates from a 2010 report commissioned by the Capital Region Intersection Safety Partnership.

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That study tallied the costs associated with emergency services and medical treatment, legal fees and funerals, travel delay, and productivity lost at work. It also measured the monetary cost of pain, suffering and lost quality of life.

When adjusted for inflation, the average societal cost (in 2014 dollars) per fatal collision would be $6,683,900 and $162,300 per injury collision and $13,100 for a property damage only collision, says Tony Churchill, Calgary’s senior traffic engineer and leader of traffic safety.

“When we look at what jurisdictions actually use for their cost benefit analysis this is actually quite consistent with an average value used across the country,” said Churchill.