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Newfoundland and Labrador Finance Minister Siobhan Coady delivered the provincial budget in the House of Assembly in St. John’s on April 9. (Paul Daly/The Canadian Press) The Newfoundland and Labrador government included in this year’s pre-election budget decades worth of revenues from the pending settlement of a lawsuit against tobacco …
Read More »Tobacco giants’ creditors approve proposed $32.5B deal for health-care costs, recompense to smokers
A proposed deal that would see three tobacco giants pay out billions to provinces and territories, as well as smokers across Canada, has been approved by the companies’ creditors, a lawyer representing some of the creditors says, calling it an important milestone in a lengthy legal saga. The proposed $32.5-billion …
Read More »Tobacco firm opposes proposed $32.5B settlement with provinces, smokers, court documents say
One of three major tobacco companies involved in years of negotiations with creditors says it opposes the proposed multi-billion-dollar settlement announced in the case earlier this month. JTI-Macdonald Corp. has filed a document with an Ontario court indicating it does not support the proposal due to “critical outstanding issues.” The …
Read More »Tobacco giants would pay out $32.5B to provinces, smokers in ‘historic’ proposed deal
Three tobacco giants are proposing to pay close to $25 billion to provinces and territories and more than $4 billion to tens of thousands of Quebec smokers and their loved ones as part of a corporate restructuring process triggered by a long-running legal battle. A proposed plan of arrangement was …
Read More »Tobacco industry ‘aggressively’ targeting youth with ‘manipulative’ tactics: WHO – National
The global tobacco industry is using “manipulative” tactics to “aggressively” target and hook youth on smoking across the globe, warns the World Health Organization, which is calling for a ban on the sale of tobacco and nicotine-related products to minors. Globally, an estimated 37 million children aged 13 to 15 …
Read More »Sask raises minimum age to buy tobacco and vape products starting February – Regina
Descrease article font size Increase article font size As of Feb. 1, 19 years of age is the new requirement to buy certain tobacco and vaporizer products in Saskatchewan. The government of Saskatchewan passed proposed legislation to align the requirements to purchase tobacco with alcohol in October. It was finalized …
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