Residential Schools Settlement Agreement (IRSSA)

The Indian Residential Schools Settlement Agreement (IRSSA) was an agreement between the government of Canada and approximately 86,000 Aboriginal Canadians removed from their families as children and placed in the Canadian Indian residential school system. The IRSSA recognized the damage inflicted by the residential schools and established a $2 billion compensation package for the victims. The agreement, announced in 2006, was the largest class action settlement in Canadian history.