TransLink will be coughing up some money in response to a class action lawsuit.
Last year, a BC supreme court sided with owners and tenants whose businesses were affected by the Canada Line construction in the years before the 2010 winter Olympics.
We now know the number of people seeking compensation from TransLink and other defendants.
Lawyer Paul Bennett, who represents the class-action members says those affected have until tomorrow to file their claims.
“I’d say about 90 clients. It is a reasonably good participation by the class. Now, the next step will be to set the procedure for determining the amounts of compensation.”
Claimants say they lost out as soon as construction of the Canada Line began.
“The class members were all the owners of business properties along Cambie Street between King Edward and 2nd, or business tenants.”
Bennett says last minute applications are still rolling in, and that the next step will be to set up a meeting with TransLink and to set procedure for determining the amounts of compensation.
When asked how much he thinks clients will be compensated, he says he doesn’t have a ball-park figure yet.
Leonard Schein, who used to own the Park Theatre, says he lost about $200,000.
Because the province gave TransLink permission to disrupt businesses, Schein says those negatively affected can only claim for lease compensation and not loss in revenue.
So is it a fair deal?
“Not really, because your losses are much greater. But it’s certainly better than getting nothing. So, 20% of your losses is better than zero percent of your losses.”
Schein says about 75% of people who qualify as part of the class action lawsuit have applied.
He adds 39 businesses had shut down during construction, and less than 10 reopened.