More details are expected today on a proposed deal that would see the three major companies pay out billions of dollars to provinces and territories as well as smokers and their loved ones.
The companies—JTI-Macdonald Corp., Rothmans, Benson & Hedges and Imperial Tobacco Canada Ltd.—sought creditor protection in Ontario in 2019 after Quebec’s highest court upheld a ruling ordering them to pay nearly $15 billion in two class-action lawsuits.
