This section contains 1,030 words (approx. 4 pages at 300 words per page) |
Should Big Tobacco Be Sued for Health Care Bills? An Analysis
A recent ruling by the Supreme Court of Canada on the subject of smoking is the main topic of my articles. The landmark ruling made on September 30th gives the province of British Columbia ammunition against big tobacco companies. "The decision allows British Columbia to sue tobacco companies for damages related to smoking-related health care costs dating back 50 years" (Bell Globalmedia Inc [BGMI], 2005). Many expect the ruling in BC will act as a model for other provinces to follow suit. The resulting lawsuits could potentially cost Canadian tobacco companies like Benson & Hedges, Imperial Tobacco, and Rothmans hundreds of billions of dollars. Similar legislation passed in Florida in the early 90s and resulted in a 245 billion dollar settlement spread over a twenty five year period. A similar settlement in Canada would bankrupt the smaller Canadian tobacco industry. Canadian tobacco...
This section contains 1,030 words (approx. 4 pages at 300 words per page) |