More details expected on proposed deal that would see tobacco giants pay billions

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More details expected on proposed deal that would see tobacco giants pay billions
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More details are expected today on a proposed deal that would see the three major companies pay out billions of dollars to provinces and territories as well as smokers and their loved ones. The companies — JTI-Macdonald Corp.

More details are expected today on a proposed deal that would see the three major companies pay out billions of dollars to provinces and territories as well as smokers and their loved ones.

All legal proceedings against the companies were then put on hold so the three could continue to operate as they worked towards a global settlement with their creditors, which include the Quebec plaintiffs and provincial governments looking to recoup smoking-related health-care costs.

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