CANADA CIGARETTE TAX CUT EXPECTED TO BOOST SALES

OTTAWA -- A major slash in the Canadian cigarette tax is expected to boost supermarket sales, Canadian industry officials told SN.The Canadian federal government here decided to cut taxes on a carton of cigarettes by Canadian $5 (U.S. $3.72) a carton, in an effort to eliminate widespread smuggling that has resulted from cigarette prices that are substantially higher than in the United States.However,

OTTAWA -- A major slash in the Canadian cigarette tax is expected to boost supermarket sales, Canadian industry officials told SN.

The Canadian federal government here decided to cut taxes on a carton of cigarettes by Canadian $5 (U.S. $3.72) a carton, in an effort to eliminate widespread smuggling that has resulted from cigarette prices that are substantially higher than in the United States.

However, the federal tax cut, implemented last month, has also raised several new pr

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