Smoking costs Canadian economy more than $16 billion in 2012

Tobacco use cost the Canadian economy $16.2 billion in direct and indirect expenses such as healthcare, fire damage, tobacco control and law enforcement activities, and lost production in 2012, according to a new report from The Conference Board of Canada.

"Tobacco use is one of the leading causes of preventable deaths and illnesses worldwide and millions of Canadians continue to smoke," said Louis Thériault, VP, Industry Strategy and Public Policy. "With an estimated 125 deaths from smoking in Canada each day, it is important for us to understand the costs imposed on our healthcare system and to society." Read more here.




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