JTI faces Canada law suit

By Administrator |

According to a report in yesterday?s Globe and Mail, Ottawa and the provinces are demanding around C$10bn in compensation for lost tax revenues from one of Canada's largest tobacco companies when cigarettes were being smuggled

into Canada from the US in the early 1990s. The law suit is demanding C$9.6bn, plus interest and other penalties from the JTI Macdonald Corp in a landmark legal action in the Ontario Superior Court. JTI has denied any wrongdoing and is defending the action.

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