This Special Report investigates the net present value of the investment in the five year comprehensive program proposed in Actions Will Speak Louder than Words, the Report to the Minister of Health (Ashley et al., 1999) and the report of the Ontario Tobacco Strategy Steering Committee (2002). The authors investigate whether the fiscal benefits accruing to the provincial government in the form of reduced health care expenditures, as well as higher income and sales tax revenue, justify the investment. The report also assesses the impact of the program on the government’s tobacco tax revenue and examines the effect of the program on the Ontario tobacco industry and the Ontario macroeconomy.
Author(s): Andra Ghent, Roberta Ferrence, and Ted BoadwayDate: December 2003
Type of Publication: Special Report