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Renewal - Economic Losses Study
The need to estimate of the economic losses resulting from the uprooting and dispossession of Japanese Canadians became necessary in order to justify a meaningful compensation.
The government refused to be involved with the study. Although a fund-raising campaign was undertaken in the Japanese Canadian community, the NAJC was unable to finance this substantial research. The president of Price Waterhouse in Vancouver was sympathetic to the redress movement and agreed to conduct the economic losses study for a small contingency fee with the understanding that if the NAJC achieved a redress settlement, fees would be paid. The researchers used the documents and files in the Custodian’s archives.
The Price Waterhouse report, Economic Losses of Japanese Canadians after 1941, was released on May 8, 1986. It concluded that from 1941 to 1949, Japanese Canadians suffered an economic loss of not less than $443 million (in 1986 dollars) - $333 million in income and $110 in property.
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