Tobacco giants would pay out $32.5B to provinces, smokers in 'historic' proposed deal | CBC News
Briefly

Bruce W. Johnston, one of the lawyers for the Quebec plaintiffs, stated that the proposal is "historic and unprecedented" because it provides compensation to both smokers and governments. This innovative approach marks a significant turning point in how negligence and health impacts related to tobacco use are addressed in legal frameworks. The extensive compensation plan is a response not just to prior litigation, but also to the long-standing detrimental effects of tobacco consumption on public health.
The proposed plan filed in an Ontario court indicates that provinces and territories would receive structured payments over time, with an initial payout of approximately $6 billion upon the plan's implementation. This strategy highlights how the tobacco companies are attempting to balance their financial responsibilities with ongoing legal pressures, reflecting the complexities involved in corporate restructuring processes following major legal setbacks.
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