Canadian Life Insurance Blog - Ontario Getting Ready to sue ...

Legislation was proposed on March 4, 2009 that would give Ontario the legal standing to sue cigarette companies in order to recover the money spent on tobacco related illnesses in Ontario. Approximately $1.6 billion dollars is spent every year by Ontario tax-payers in relation to smoking related illnesses. The new legislation introduced by Attorney General Chris Bentley would allow the Ontario government to seek billions of dollars in damages from the 3 biggest Canadian cigarette manufacturers: Imperial Tobacco, Rothmans, Benson and Hedges, and JTI-Macdonald. British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Saskatchewan and Manitoba have all passed similar legislation. JTI-Macdonald is currently under bankruptcy protection which means Ontario has to act now or they lose their opportunity to sue this company. British Columbia has to get permission from the court to pursue this company in their claim.

The proposed legislation would allow Ontario to sue the tobacco companies for alleged wrong-doings by the companies and holding them accountable. British Columbia already has a bill that suggests the tobacco companies marketed light cigarettes as safer than the regular ones, as well as targeting their advertising towards children. It is also alleged that the companies conspired to hold back research regarding the harmful effects of smoking tobacco and undermining the health warnings that had been issued. These allegations have not been proven yet in court. Premier McGuinty has stated that Ontario is ready to sue the tobacco companies due to British Columbia's successes.

The proposed bill would give the Ontario government the right to sue the companies directly for any alleged wrong-doing as well as to allocate liability by market share and measure the health-care cost to taxpayers regarding tobacco-related illnesses. A successful lawsuit could potentially bring in a settlement as much as $60 billion dollars. The lawsuit could also bring...

Read more...






Life Insurance Quote Ontario- News


Ontario car insurance rates increase 2.9 per cent says Kanetix.ca DigitalJournal.com (press release)
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGnWW9xAcGrm96-_vPYuhn8QMBAAQamp;url=http://www.digitaljournal.com/pr/574160bbOntario/b car binsurance/b rates increase 2.9 per cent says Kanetix.ca/b/abr /font size=-1bfont color=#6f6f6fDigitalJournal.com (press release)/font/b/fontbr /font size=-16, 2012 /CNW/ - Kanetix® (www.kanetix.ca), an online bquote/b comparison website for binsurance/b and financial products, announces their quarterly auto binsurance/b rate study results for Q4 2011 for bOntario/b, Quebec and Alberta: bOntario/b car binsurance/b rates b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dgQlKipq__Wqs1Mamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Seventh Day Adventist Church in Canada Selects Adjudicare(R) MarketWatch (press release)
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEgMaICa-KXVbeP-iFqHCy1RSvmqwamp;url=http://www.marketwatch.com/story/seventh-day-adventist-church-in-canada-selects-adjudicarer-2012-02-06-931260bSeventh Day Adventist Church in Canada Selects Adjudicare(R)/b/abr /font size=-1bfont color=#6f6f6fMarketWatch (press release)/font/b/fontbr /font size=-1TORONTO, bONTARIO/b, Feb 06, 2012 (MARKETWIRE via COMTEX) -- Automated Benefits Inc.(R) (quot;Adjudicarequot;) a wholly-owned subsidiary of Automated Benefits Corp.(R) /bquotes/b/zigman/302620 CA:AUT +1.59% , is pleased to announce the formalization of a signed b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dEwKwNHAmuA1rnMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Court approves windup of Union of Canada Life Globe and Mail
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEw5Tkd4NdDn6oq9cMlnpYynr_h2gamp;url=http://www.theglobeandmail.com/globe-investor/court-approves-windup-of-union-of-canada-life/article2324409/img src=//nt0.ggpht.com/news/tbn/XCr3HpBC0D3ryM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Globe and Mail/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEw5Tkd4NdDn6oq9cMlnpYynr_h2gamp;url=http://www.theglobeandmail.com/globe-investor/court-approves-windup-of-union-of-canada-life/article2324409/bCourt approves windup of Union of Canada bLife/b/b/abr /font size=-1bfont color=#6f6f6fGlobe and Mail/font/b/fontbr /font size=-1“The blife insurance/b industry in bOntario/b and Canada is strong,” said the Financial Services Commission of bOntario/b, the industry#39;s regulator. It is only the fourth time a life insurer has gone under in Canada in recent memory./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dPiv9oZ1iKBd2fMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

Empire Life Launches Loyalty Program to Help Investors Save on Fees MarketWatch (press release)
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFKymKp5pA7K0ivKbwoE7TbletUHQamp;url=http://www.marketwatch.com/story/empire-life-launches-loyalty-program-to-help-investors-save-on-fees-2012-02-02bEmpire bLife/b Launches Loyalty Program to Help Investors Save on Fees/b/abr /font size=-1bfont color=#6f6f6fMarketWatch (press release)/font/b/fontbr /font size=-1KINGSTON, bONTARIO/b, Feb 02, 2012 (MARKETWIRE via COMTEX) -- The Empire bLife Insurance/b Company (Empire Life) today announced the launch of the Empire for Life(TM) Loyalty Program. The Program is a way to help investors save on fees while investing in b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dgcIWacJRKCN9WMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

A dozen fees you should try to avoid Toronto Star
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH5eY4lHvRdKmArsgZTahE5lo7kCgamp;url=http://www.thestar.com/article/1124628--avoid-fees-for-mortgage-insurance-cell-phones-credit-cards-and-gym-membershipsbA dozen fees you should try to avoid/b/abr /font size=-1bfont color=#6f6f6fToronto Star/font/b/fontbr /font size=-1Mortgage blife insurance/b If you own a home, chances are you were offered mortgage blife insurance/b. This insurance is not required and must not be a prerequisite for qualifying for a mortgage. Term blife insurance/b is much cheaper and offers greater b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dA7mkB5Gg4krU1Mamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table