Federal and provincial governments reach landmark settlement with tobacco companies
The following is now available on the CRA Web site:
News Release
Lévis, Québec, July 31, 2008… The Honourable Gordon O’Connor, Minister of National Revenue today announced that the federal and all provincial governments have entered into civil settlement agreements with Imperial Tobacco Canada Ltd. and Rothmans, Benson & Hedges to resolve all potential civil claims they may have in relation to the two companies’ role in the movement of contraband tobacco in the early 1990s.
In addition to the civil settlement, the two companies each pleaded guilty in court to a single count of “aiding persons to sell or be in possession of tobacco products manufactured in Canada that were not packaged and were not stamped in conformity with the Excise Act and its amendments and the ministerial regulations” between 1989 and 1994. The fines in these prosecutions, combined with the civil settlements, will result in the companies paying $1.15 billion to governments.
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