Five years have now passed with no news on the mediation’s progress, except when a ‘stay’ is requested to extend the period of mediation
The future of Canada ’s tobacco industry is being decided behind closed doors in a historic mediation between Big Tobacco and provincial governments – a process which entered its sixth year in March and is potentially worth hundreds of billions of dollars. These talks have dragged on for far too long, and it’s time for the provinces and the tobacco companies to reach a deal.
In response, The Three Smokes filed for creditor protection in Ontario, halting all legal action and setting in motion the private mediation process now taking place between the provinces, The Three Smokes and an Ontario Court-appointed mediator. This leads to a larger conundrum that looms over the negotiations. It’s been 60 years since the U.S. Surgeon General announced the link between cancer and cigarettes. A consumer product proven to be harmful when used as intended should have been pulled from shelves. Instead, cigarettes entered into a murky consumer paradox with governments around the world warning citizens not to smoke, while simultaneously inhaling billions of dollars in excise taxes from their continued legal sale.
Tobacco Canada Mediation Ontario Settlement Process United States Province Big Tobacco Quebec Ontario
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