Nearly four months into the 2025-26 fiscal year, the province has yet to collect on a long-awaited tobacco lawsuit settlement.
The government included over half a billion dollars in revenue from the settlement in this year’s budget, which drew the ire of the opposition in the House of Assembly.
Siobhan Coady is reaffirming her position, saying the province is working on it from an “accounting perspective, not a cash perspective.”
She says there’s a lot of work going on across the country on how to deal with the settlement.
The $32.5 billion settlement will see money flow to the provinces, territories, and individuals as compensation for the healthcare costs incurred from the harms caused by tobacco products.
