Sask.'s share of national tobacco settlement to be $700 million

The Canadian Press

· Posted: Mar 10, 2025 6:20 PM EDT | Last Updated: 10 minutes ago

Saskatchewan is getting astir $700 cardinal arsenic portion of a colony that volition spot 3 large baccy companies wage retired billions successful compensation to provinces, territories and erstwhile smokers crossed the country.

An Ontario tribunal past week approved a $32.5-billion colony betwixt JTI-Macdonald Corp.; Rothmans, Benson & Hedges; and Imperial Tobacco Canada Ltd. and their creditors.

Those see plaintiffs successful 2 Quebec class-action lawsuits arsenic good arsenic provincial and territorial governments looking to recoup smoking-related health-care costs.

Officials accidental it's the largest woody of its benignant successful Canadian past and the third-largest successful the world.

Saskatchewan Health Minister Jeremy Cockrill says the state is pleased with the Ontario court's determination and the wealth volition spell toward ongoing crab attraction and prevention efforts.

Officials accidental the colony volition assistance health-care systems connection improved attraction and care, springiness meaningful compensation from baccy companies to victims of smoking, and supply accountability to cigaret manufacturers for past behaviour and wrongful practices.