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Tobacco Giants Agree to $32.5B Settlement for Provinces and Smokers in Historic Deal

  • 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.