Canadian Smokers to Receive Record $23.6 billion in Compensation from Tobacco Giants
Philip Morris, British American Tobacco and Japan Tobacco have agreed to pay $23.6 billion to settle a lawsuit in Canada. Smokers who were addicted to tobacco from 1950 to 1998, as well as their heirs, will receive compensation. Payments are also provided for Canadian provinces.
Tobacco giants Philip Morris, British American Tobacco and Japan Tobacco will pay $23.6 billion as part of the settlement of a multi-year lawsuit in Canada. Smokers who became addicted to tobacco between 1950 and 1998, as well as their heirs, will receive compensation. In addition, compensation will be paid to the governments of Canadian provinces and territories, which will be the largest payment to tobacco companies outside the United States.
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