Here’s how money from a $2.8B class action residential school settlement will be used

Global News published this video item, entitled “Here’s how money from a $2.8B class action residential school settlement will be used” – below is their description.

There was an update Saturday on the $2.8 billion class action settlement brought by members of a British Columbia Indigenous band who attended residential schools as day scholars.

The government announced last week it had signed the deal with plaintiffs representing 325 members of the Gottfriedson Band that opted into the suit.

The lawsuit originally involved three classes of complainants but in 2021 all parties agreed to concentrate initial settlement efforts on survivors and their descendants to ensure they’d receive compensation in their lifetime.

The government has now agreed to pay that money into a trust fund, with more details of the agreement set to be released next month. Neetu Garcha reports on how those funds may be used.

For more info, please go to https://globalnews.ca/news/9427075/ottawa-announces-2-8-billion-settlement-of-b-c-day-scholar-suit/

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