Researching and submitting a Specific Claim against Canada is an expensive process. While Canada knows they have broken their promises, each community is still expected to "prove it". This can be an expensive and lengthy task, needing detailed historical research and legal fees that can take years.
With this program, Indigenous communities in Canada can cover the costs associated with the research, submission, and negotiation of their Specific Claims against Canada, without having to take money out of their community, or sign away large percentages of their compensation settlement through a Contingency Fee Agreement (CFA).
This risk-free solution begins with a specialty Insurance Policy from a top rated insurer, which becomes the collateral needed to secure a line of credit from a major Canadian bank or funder. The line of credit can then be used to cover the costs and expenses necessary for the First Nation to pursue their Specific Claim.
All Specific Claim related expenses can be covered.
Insurance Premium for the policy? Covered!
Bank interest and lending fees? Covered!
Legal fees to prepare, file, and negotiate the claim? Covered!
Research costs and expert reports? Covered!
First Nation's expenses to oversee their claim? Covered!
Travel and negotiation expenses? Covered!
Elder history recordings and testimony? Covered!
Referendum and community meetings? Covered!
Setting up the Legacy Trust for future generations? Covered!
Recouping costs for past research and legal? Covered!
When the Specific Claim is successful, the money used out of the line of credit will be paid back from of the compensation settlement. If the Specific Claim is not a success, then the insurance policy is triggered to pay out the line of credit. Win or lose, there is no risk or recourse to the community.
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