Home Stock Market Canada settles residential faculty reparations class motion for C$2.8 billion By Reuters

Canada settles residential faculty reparations class motion for C$2.8 billion By Reuters

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Canada settles residential faculty reparations class motion for C$2.8 billion By Reuters

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© Reuters.

ca(Reuters) – Canada has reached an settlement to settle a class-action lawsuit, in search of compensation for the lack of language and tradition introduced on by Indian residential colleges, for C$2.8 billion ($2.09 billion).

The settlement builds on the 2021 Gottfriedson Day Students settlement, that supplied particular person compensation to day students who attended a residential faculty however didn’t reside on the establishment.

Canada will present the settlement quantity to a non-profit belief, unbiased of the federal government, as a part of the category settlement.

The group charged with administering the belief might be ruled by a everlasting board consisting of 9 indigenous administrators, the federal government mentioned in a press release.

The phrases of the settlement are but to be permitted by the Federal Court docket.

($1 = 1.3380 Canadian {dollars})

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