Federal Court Approves $817 Million Settlement in Class Proceeding involving Calculation of Disability Benefits for Disabled Veterans of the Canadian Armed Forces and Royal Canadian Mounted Police.
The benefits were payable to members and former members of the Canadian Armed Forces and the Royal Canadian Mounted Police and their survivors ("Class Members") between January 1, 2003 and December 31, 2023.
- The benefits were payable to members and former members of the Canadian Armed Forces and the Royal Canadian Mounted Police and their survivors ("Class Members") between January 1, 2003 and December 31, 2023.
- The Representative Plaintiffs brought the proceeding on behalf of over 330,000 Class Members who received the benefits.
- The estimated value of the Agreement is at least $435 million and up to $817 million depending on total claims.
- I am pleased that has been achieved through this Agreement and that the Class of disabled veterans will receive compensation."