The Indian Residential Schools Settlement Agreement (IRSSA) came into effect. The Agreement, which applied to First Nations, Inuit, Inuvialuit, and Métis Survivors, included two forms of monetary compensation: the Common Experience Payment, which provided compensation based on time spent in schools, and the Independent Assessment Process, for individuals who had experienced physical and/or sexual abuse. Additional funding was given to the Aboriginal Healing Foundation and a commemoration fund was created; IRSSA also called for the creation of a Truth and Reconciliation Commission.