Three tobacco majors near $32.5B arrangement to end Canada lawsuits

By Karunjit Singh ( October 18, 2024, 5:24 PM EDT) -- A proposed plan of compromise and arrangement could see three major tobacco companies pay $32.5 billion, including $24.73 billion to Canadian provinces and territories, as well as $6.64 billion to victims of smoking-related illnesses, to settle all tobacco-related claims against them in Canada....