🧐 ProPicks AI October update is out now! See which stocks made the listPick Stocks with AI

Canada to make plain packaging for tobacco products compulsory

Published 2016-05-31, 02:39 p/m
© Reuters.  Canada to make plain packaging for tobacco products compulsory
BATS
-
2914
-

OTTAWA, May 31 (Reuters) - Canada, following the lead of
Britain and Australia, will make plain packaging of cigarettes
compulsory in a bid to cut the rate of smoking, Health Minister
Jane Philpott said on Tuesday.
Although Canada already obliges firms to slap large graphic
warning labels on cigarette packets, Philpott said more must be
done, given that some 5 million of Canada's 36 million
inhabitants still use tobacco products.
The measures would require a uniform, standardized color and
font on packages and restrict the use of logos and trademarks.
"I don't believe tobacco companies should be allowed to
build brand loyalty with children for a product that could kill
them," Philpott told reporters.
A final decision on what packaging rules to apply will be
announced after a three-month period of public consultations.
Earlier this month, a British court backed the government's
plans for mandatory plain packaging when it struck down a legal
challenge from tobacco companies.
In 2011, Australia became the first country to adopt plain
packaging legislation.
Major producers of tobacco sold in Canada include Japan
Tobacco's 2914.T JTI-Macdonald unit, Rothmans Benson & Hedges
Inc, which is partly owned by Philip Morris PM.N and Imperial
Tobacco Canada Ltd, a unit of British American Tobacco BATS.L .
"With products already hidden from view in stores and 75
percent of the pack covered with health warnings, nobody starts
smoking because of the pack," said Eric Gagnon, a spokesman for
Imperial Tobacco.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.