Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much money do the Canadian Claimants receive?

April 26, 2017Canadian claimants money

0

Posted

How much money do the Canadian Claimants receive?

1 Answer

0

Posted

The amounts, expressed as a percentage of the total royalties paid, can vary every year. The initial allocation to the Canadian Claimants was .75% of the Basic Fund. Following a hearing for 1990-1992 it increased to .955%. Our participation in another hearing relating to 1998 and 1999 resulted in percentages of 1.76476% and 1.90971% respectively.