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RDG
online Restitution Discussion Group Archives |
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There is
another big class action recently decided in Ontario, Authorson v. Canada
(11 Oct 2000), Superior Court. This action was brought by veterans who were
or became unable to manage their own affairs. They alleged that for many
years the agencies of the federal Crown have systematically mismanaged the
veterans' pension & benefits assets, in particular by not investing the
funds or even paying interest. The Crown argued that any "trust" of the
administered funds was political (trust "in the higher sense", in an expression
I have never really understood). Held, there was a real trust, or at least
a fiduciary obligation requiring investment or interest. The main defence
was is a statutory provision which says no claim lies in respect of periods
before 1990; this was passed in contemplation (fear) of the very claim now
brought. This provision was held to be consistent with the Charter of Rights.
However it was rendered inoperative by the Bill of Rights of 1960 (which
is something of a surprise since this Bill has not done much over the years).
The Crown is appealing.
Meanwhile the quantification of the claim is proceeding.
Some of the plaintiffs are or were veterans of WWI. According to today's
Globe and Mail, the plaintiffs' expert says that the value of the claim
is $3.6 billion if the money had been invested in equities, $1.6 billion
if invested in a conservative portfolio.
I leave it to somebody else to tell me whether this is
a restitution case.
Lionel <== Previous message Back to index Next message ==> |
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