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Quebec tobacco victims to receive 4.3 billion in landmark settlement

Quebec's tobacco victims are set to receive $4.3 billion as part of a settlement with major tobacco companies, following a court ruling that mandated compensation for 100,000 individuals affected by smoking-related illnesses. The agreement, part of a larger $32.5 billion deal, includes provisions for additional compensation and the establishment of a charitable foundation to combat smoking-related diseases. Approval of the plan is pending from creditors on December 12, with further legal proceedings anticipated across Canada.
Radio-Canada
Canadian Dollar Imperial Tobacco Canada Ltd. JTI-Macdonald Rothmans Benson & Hedges Inc. Canadian Cancer Society CAN Jonathan Villeneuve Benoit Jobin Show more
Regulatory & Legal, News Article
23:16 17.10.2024
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