Canada reaches C$40bn compensation agreement to reform Indigenous welfare

Guardian News published this video item, entitled “Canada reaches C$40bn compensation agreement to reform Indigenous welfare” – below is their description.

Canada has reached an in principle agreement totalling C$40 billion (US$31.5 billion) to compensate First Nations children who were taken from the families and put into the welfare system, a major step toward reconciliation with the country’s Indigenous people. ‘This settlement is the largest class action settlement in Canadian history and it is believed to be one of the largest anywhere in the world’, David Sterns, a lawyer representing the plaintiffs says. The agreement includes C$20 billion for potentially hundreds of thousands of First Nations children who were removed from their families. Another C$20 billion is to reform the system over the next five years

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In This Story: Canada

Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.

Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.

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