- A proposed settlement will see three major tobacco companies pay $32.5 billion, with $25 billion allocated to Canadian provinces for healthcare costs, and $4 billion for Quebec smokers affected by cancer and chronic illnesses.
- Eligible smokers across Canada may receive compensation of up to $60,000 each.
- The deal includes $1 billion to fund tobacco-related disease prevention initiatives.
Business
Tobacco Giants Agree to $32.5B Settlement for Provinces and Smokers in Historic Deal
Oct 18, 2024 Share