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Tobacco Giants to Pay $32.5B in Landmark Canadian Settlement
Oct 17, 2024, 11:14 PM
Tobacco giants have proposed a historic settlement plan to pay out $32.5 billion to Canadian provinces and smokers. The companies filed a proposed plan of arrangement in an Ontario court on Thursday after more than five years of negotiations with their creditors. This landmark settlement aims to resolve longstanding legal disputes over health-related claims.
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British American Tobacco • 25%
Philip Morris International • 25%
Japan Tobacco Inc. • 25%
All equally impacted • 25%
Improved • 25%
Worsened • 25%
No change • 25%
Mixed sentiment • 25%
Less than $25B • 25%
$25B to $30B • 25%
$30B to $32.5B • 25%
More than $32.5B • 25%
Approved • 25%
Rejected • 25%
Modified • 25%
Deferred • 25%
All three increase • 25%
All three decrease • 25%
Mixed results • 25%
No significant change • 25%
Yes • 50%
No • 50%
Philip Morris pays the most • 25%
BAT pays the most • 25%
JTI pays the most • 25%
Equal distribution among companies • 25%
Yes • 50%
No • 50%
Increase • 50%
Decrease • 50%