The agreement was announced by the Canadian federal government on May 8, 2006 with its implementation in September 2007. The five main components of the IRSSA are the Common Experience Payment (CEP), the Independent Assessment Process (IAP), the Truth and Reconciliation Commission (TRC), Commemoration, and Health and Healing Services.  The Indian Residential Schools Settlement Agreement (IRSSA) is an agreement between the Canadian government and approximately 86,000 Aboriginal peoples in Canada, who were enrolled in the Canadian Indian housing school system as children, a system introduced between 1879 and 1996. :1 The IRSSA has acknowledged the damage caused by residential schools and has implemented a $1.9 billion compensation package, called CEP (Common Experience Payment) for all former IRS students.   The agreement announced in 2006 was the largest class action in Canadian history. :1 In March 2016, a total of $1,622,422,106 was paid to 79,309 former students.  As of December 31, 2018, an additional $3.174 billion has been paid through the Independent Assessment Process (IOP) for damages exceeding the IRS standard.  This is the court`s official website for the comparison of the residential class of action. The comparison of residential schools was approved by the courts. Click on the bottom left for more information. The law firm Regina, Saskatchewan Lawyer, Tony Merchant, Q.C. — Merchant Law Group LLP — represented more than 7,000 survivors — about 50 per cent of known residential school survivors in Canada who were pursuing class actions against the Canadian federal government.  Following the publication of the 1996 Royal Commission on Aboriginal Peoples report, survivors of residential schools gathered across the country for meetings attended by Tony Merchant, who became a « familiar figure » and welcomed thousands of survivors for collective action.
 MLG`s lawyers received « nothing until a class action was concluded » in a judicial agreement that was motivated by the liquidation.  David Blott`s law firm in Calgary, Alberta, « processed nearly 4,600 residential school applications. »  The Office of Indian Residential Schools Resolution Canada was established in 2001 to manage and resolve the large number of abusive claims by former students against the federal government, also known as the Alternative Dispute Resolution (ADR).