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2001 Annual Report

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Schedule B – Disbursements to Claimants and Related Funding Requirements

THE 1986-1990 HEPATITIS C FUND

Auditors' Report

To the Joint Committee of the 1986-1990 Hepatitis C Fund.


We have audited the 1986-1990 Hepatitis C Fund schedule of disbursements to claimants and related funding requirements for the six-month period ended March 31, 2001. This statement is the responsibility of the Administrator. Our responsibility is to express an opinion on this financial schedule based on our audit.

We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial schedule is free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial schedule. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial schedule presentation.

In our opinion, this schedule presents fairly, in all material respects, the disbursements to claimants and related funding requirements of the Fund for the six-month-period ended March 31, 2001.


Deloitte & Touche LLP
Chartered Accountants
Ottawa, Canada
May 14, 2001

Schedule B - Schedule of Disbursements to Claimants and Related Funding Requirements For the Six-Month Period Ended March 31, 2001 Prepared by Deloitte & Touche LLP.

 
March 31
2001
September 30
2000
 
(Six Months)
(Six Months)
     
DISBURSEMENTS TO CLAIMANTS
$   59,473,425
$   12,867,684
RELATED FUNDING REQUIREMENTS
   
     
Provincial and Territorial Governments
   
Newfoundland
$   219,778
$   41,828
Prince Edward Island
121,913
-
Nova Scotia
383,396
160,662
New Brunswick
396,692
47,091
Quebec
3,232,124
1,012,173
Ontario
6,659,718
1,363,691
Manitoba
604,080
146,812
Saskatchewan
454,796
45,983
Alberta
1,248,454
377,002
British Columbia
2,896,217
314,123
Yukon
2,841
-
     
 
16,220,009
3,509,365
 
Government of Canada
43,253,417
9,358,319
 
 
$   59,473,426
$   12,867,684

The 1986-1990 Hepatitis C Fund was established as a result of the Hepatitis C January 1, 1986 - July 1, 1990 class actions settlement. Its purpose is to make payments to persons recognized as claimants under the settlement. The disbursements to claimants and related funding requirements are administered by the Garden City Group Canada, a division of Crawford Canada.

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