The proposal announced last month includes $24 billion for provinces and territories seeking to recover smoking-related health-care costs and about $6 billion for smokers across Canada and their loved ones
An Ontario judge says any outstanding issues regarding a proposed $32.5 billion settlement between three major tobacco companies and their creditors should be solvable in the coming months.
The other two companies, Rothmans, Benson & Hedges and Imperial Tobacco Canada Ltd., didn’t oppose the motion but said they retained the right to contest the proposed plan down the line.Where there’s smoke, there’s ire In a written decision released Monday, Morawetz said it was clear that not all issues had been resolved at this stage of the proceedings.
Lawyers representing plaintiffs in two Quebec class actions, those representing smokers in the rest of Canada, and 10 out of 13 provinces and territories have expressed their support for the proposal, the judge wrote in his ruling.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vancouver’s West Fraser Timber posts third quarter lossWest Fraser notes US$32 million paid in American softwood lumber duties
Read more »
Vancouver’s West Fraser Timber posts third quarter lossWest Fraser notes US$32 million paid in American softwood lumber duties
Read more »
Proposed $32.5B tobacco deal not 'doomed to fail,' judge says in rulingTORONTO — An Ontario judge says any outstanding issues regarding a proposed $32.5 billion settlement between three major tobacco companies and their creditors should be solvable in the coming months.
Read more »
Tobacco settlement will not protect future generations from addiction: advocatesThe Canadian Cancer Society says a proposed settlement that may see tobacco companies pay out billions of dollars would do little to prevent future generations from becoming addicted to smoking. More details are expected today on a proposed $32.
Read more »
Tobacco settlement will not protect future generations from addiction: advocatesThe Canadian Cancer Society says a proposed settlement that may see tobacco companies pay out billions of dollars would do little to prevent future generations from becoming addicted to smoking. More details are expected today on a proposed $32.
Read more »
Tobacco settlement will not protect future generations from addiction: advocatesThe Canadian Cancer Society says a proposed settlement that may see tobacco companies pay out billions of dollars would do little to prevent future generations from becoming addicted to smoking. More details are expected today on a proposed $32.
Read more »