Do precedents exist for the type of exit program that TFIC is proposing?
Precedents for exit programs exist in three provinces P.E.I., Nova Scotia and New Brunswick as well as the U.S. and Australia. A North American precedent was established in the U.S. in 2004 when all tobacco quota was phased out through a levy collected from manufacturers and sellers of tobacco products and paid to quota owners to reimburse them for the loss of economic value, over a 10-year period.
