May 8, 2020
The Federal Court approved the settlement of this class proceeding today. In addition, the Federal Court approved Class Counsel’s fee request (a maximum of 15% deduction on all payment to class members approved under the CTSSP up to a maximum of 10 years of annual payments and up to a total maximum of $1.85 million plus taxes and disbursements). The Applicant’s motion to have Canada defray some of the class’ fees by way of a cost order was unfortunately denied.
You can find copies of the orders and reasons for decision of the Federal Court here. The orders will become final after applicable appeal periods expire. Further information about the approval of the settlement will be disseminated at that time.