Reuters: Regulatory News: Alberta to seek C$10 billion from tobacco industry

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Alberta to seek C$10 billion from tobacco industry May 30th 2012, 21:27 CALGARY, Alberta | Wed May 30, 2012 5:27pm EDT CALGARY, Alberta May 30 (Reuters) - The Canadian province of Alberta will file a lawsuit against tobacco manufacturers seeking C$10 billion ($9.7 billion) to recover healthcare costs from smoking-related illnesses, the province's government said on Wednesday. The government said in a statement it has retained Tobacco Recovery Partners LLP, a consortium of law firms, to file the suit on its behalf, but did not specify when the filing will be made. Alberta will be the fifth Canadian province to file suit against the tobacco industry.

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