Judge Joan Lax’s approval for a class action reportedly gives roughly 115,000 Canadian cattle producers leave to claim damages which could exceed $10 billion dollars.
The damages are reportedly related to losses incurred as a result of bovine spongiform encephalopathy, or BSE, as dozens of countries banned Canadian cattle and beef, including a protracted 26-month ban from the
At one time, industry-wide losses were estimated at $7 billion. Other estimates say farmers lost an estimated $4 billion due to the bans.
The plaintiff alleges the Canadian government was negligent as a regulator of the cattle industry in
Source: Canwest News Service