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Province to use tobacco company settlement funds to pay for new CancerCare building (www.cbc.ca)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 6 months ago

The big problem with the US ruling though (unsure if the Canadian ruling was the same) is they got a yearly payment that was dependent on cigarette sales.

Then the states borrowed against that future revenue.

And when cigarette sales started to drop thanks to alternatives like vaping, suddenly the states were faced with the fact they might default on their loans as those yearly payments started to shrink. So what do they do? Work their ass off to ban vaping, claiming it's "for the children".