Close X
Sunday, November 17, 2024
ADVT 
National

Tobacco Companies To Fight Ruling Forcing Them To Make Initial $1-Billion Payout

The Canadian Press, 10 Jul, 2015 12:55 PM
    MONTREAL — The country's largest tobacco companies are set to return to court today to fight a ruling that they must pay out more than a billion dollars in settlement money in the coming weeks.
     
    A Quebec judge ruled just more than a month ago that Imperial Tobacco, Rothmans, Benson & Hedges and JTI-Macdonald had to fork over $15.6 billion to smokers who either fell sick or couldn't quit the habit.
     
    The judgment called on the firms to provide initial compensation of more than $1.1 billion within the first 60 days, regardless of whether they planned to appeal.
     
    One anti-smoking group, the Quebec Council on Tobacco and Health, is denouncing the decision by the companies to fight having to make the initial payment.
     
    The case stemmed from two 1998 suits that were consolidated, with the first witnesses heard only in 2012.
     
    It was believed to be the biggest class-action lawsuit ever seen in Canada.

    MORE National ARTICLES

    Activity Levels Of Canadian Kids Still Lags; Report Stresses Need For Outdoor Play

    Activity Levels Of Canadian Kids Still Lags; Report Stresses Need For Outdoor Play
    TORONTO — With Canadian children still failing to meet key physical activity targets, a new report is stressing the benefits of outdoor play and urging adults to give kids more freedom.

    Activity Levels Of Canadian Kids Still Lags; Report Stresses Need For Outdoor Play

    Fund For Victims Of Fiery Lac Megantic Oil Train Derailment Reaches $345 Million

    Fund For Victims Of Fiery Lac Megantic Oil Train Derailment Reaches $345 Million
    The compensation fund for victims of a fiery oil train derailment in Lac Megantic, Que., that claimed 47 lives has grown to $345 million with a contribution from the company that owned the shipment.

    Fund For Victims Of Fiery Lac Megantic Oil Train Derailment Reaches $345 Million

    Ontario Proposal To Pay Corporate Whistleblowers Up To $1.5 Million Inadequate: Experts

    Ontario Proposal To Pay Corporate Whistleblowers Up To $1.5 Million Inadequate: Experts
    A proposal by Ontario's securities watchdog to pay corporate whistleblowers up to $1.5 million is too stingy to spur senior executives with knowledge of accounting fraud, insider trading and market manipulation to come forward

    Ontario Proposal To Pay Corporate Whistleblowers Up To $1.5 Million Inadequate: Experts

    Hate Crime Dropped 17 Per Cent Between 2012 And 2013, Police Say

    Hate Crime Dropped 17 Per Cent Between 2012 And 2013, Police Say
    OTTAWA — Statistics Canada says the number of hate crimes reported to police in 2013 dropped by 17 per cent from 2012.

    Hate Crime Dropped 17 Per Cent Between 2012 And 2013, Police Say

    New National Strategy Aims To Help Canadians Understand, Manage Finances

    New National Strategy Aims To Help Canadians Understand, Manage Finances
    TORONTO — A new national strategy announced Tuesday aims to help Canadians better understand and manage their finances. 

    New National Strategy Aims To Help Canadians Understand, Manage Finances

    Blacks To Shutter All 59 Photography Stores In Canada As Of August

    Blacks To Shutter All 59 Photography Stores In Canada As Of August
    TORONTO — Photography chain Blacks is shuttering all of its 59 stores in Canada as of Aug. 8 after 85 years in operation.

    Blacks To Shutter All 59 Photography Stores In Canada As Of August