Tentative Walkerton compensation deal struck
A tentative deal has been struck with the province over the class-action lawsuit in the Walkerton E.coli disaster, but it is still subject to court approval and a fairness hearing in the town on March 19.
Under the deal, all Walkerton residents will receive a minimum payment of $2,000 or more if they lost loved ones or became sick.
Insurance companies will pay the first $17 million and the Ontario government will pay for anything above that with no cap.
The deal is a no-fault scheme, which would eliminate a lengthy court battle over who is to blame for the water crisis.
Ontario Attorney General Jim Flaherty says the government welcomed the agreement.
Last May's water contamination caused the death of seven people and made another 2,300 ill.