Categories · Business (Tobacco)
· Cross-Border/Crime
non-USA, by Country · Canada
Organizations · Imperial (ca)
|
Jump to full article: Canada Newswire (CNW) (ca), 2008-07-31 Author: IMPERIAL TOBACCO CANADA
Intro: Today in Montreal, the Company entered a plea of guilty to a regulatory
violation of a single count of section 240 (1) (a) of the Excise Act and has
paid a fine. The Company has also entered into a 15-year civil agreement (the
Comprehensive Agreement) with the federal and provincial governments.
"We are pleased to have resolved this issue," said Benjamin Kemball,
president and CEO of Imperial Tobacco Canada. "Today's events give our
business the stability it needs to move forward to address, with clarity and
focus, the issues, opportunities and challenges it faces today and will face
in the future."
Jump to full article » |