The law firm of Ogilvie & Co. of Edmonton was appointed as agent of the Attorney General of Canada to conduct the litigation on behalf of the Government of Canada and the Canada Deposit Insurance Corporation; to December 31, 1997 it has been paid $6,154,819.56 for its services. Howard Mackie and Fraser & Beatty have not performed any services on behalf of the Government of Canada or the Canada Deposit Insurance Corporation in respect of this litigation. They act for the liquidator of the bank appointed by the Court of Queen's Bench of Alberta in the companion litigation brought by the liquidator against, among others, certain former directors of the bank. Any response regarding those firm's charges to the liquidator should be made by the liquidator, but it can be said that the amounts recovered as a result of the settlements achieved to date far exceed the total fees charged by all three law firms added together.
In the House of Commons on March 9th, 1998. See this statement in context.