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0 Officials announced Saturday that the federal government has agreed to settle a class-action lawsuit, seeking reparations for the loss of language and culture brought on by Indian residential schools, for $2.8 billion.
The agreement still has to be approved by a Federal Court before it can be disbursed to recipients, who filed the claim for collective compensation in 2012 as part of a broader class action known as the Gottfriedson case.
Canada agreed to pay the $2.8 billion of settlement money into a new trust fund that will operate for 20 years, if the court approves the deal. The fund will be run independent of the federal government, according to officials.
The fund organization will be governed by a board of nine Indigenous directors, of whom Canada will choose one, the agreement says.
In exchange, the claimants agreed to “fully, finally and forever” release the Crown from claims that could conceivably arise from the collective harms residential schools inflicted on First Nations, as alleged in a previous court filing.
More to come.
