B.C. says 50-50 pot tax split with feds not good enough, province needs more

Ottawa is proposing an excise tax of $1 per gram of marijuana or 10 per cent of final retail price

B.C. says Ottawa’s plans to split marijuana tax revenues on a 50-50-basis are not good enough for the province.

Finance Minister Carole James says the province bears most of the responsibilities for the costs of enforcing marijuana laws but is slated to receive only half of the revenue.

She says she will consult with her provincial counterparts about B.C.’s objections and make her views known to the federal government.

WATCH: Province, Feds see lots of work ahead of marijuana legalization

READ MORE: Feds propose legal weed tax of at least $1 per gram

Ottawa is proposing an excise tax of $1 per gram of marijuana or 10 per cent of the final retail price, whichever is higher, when recreational use of cannabis becomes legal in July.

James says B.C. and the other provinces must fund costly public education, prevention and police patrol programs.

The tax revenue split idea had already rankled premiers who complained this fall that their governments bear more of the costs for policing, distributing and regulating legal pot sales.

“I’m taking the federal minister at his word that this is a consultation and negotiation, so I’m looking forward to that conversation,” said James. “To look at a 50-50 split when we’re taking more of the share of responsibility here in B.C. just isn’t fair and certainly isn’t going to work for our province.”

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Invermere gets new CAO

Invermere found his new CAO after a long period of research.

Radium council discusses short term rentals

RHS council are elaborating the second draft plan for STR

Farmers’ Institute report highlights emerging local food scene

Beef cattle ranching remains mainstay of valley agriculture

Beautification process begins in Canal Flats downtown

Canal Flats wants to improve the esthetic of the town

B.C. reports 96 new COVID-19 cases, one hospital outbreak

61 people in hospital as summer ends with election

‘Unprecedented’ coalition demands end to B.C. salmon farms

First Nations, commercial fishermen among group calling for action on Cohen recommendations

Earthquake off coast of Washington recorded at 4.1 magnitude

The quake was recorded at a depth of 10 kilometres

B.C.’s top doctor says she’s received abuse, death threats during COVID-19 response

Henry has become a national figure during her time leading B.C.’s response to the COVID-19 pandemic

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

BC Liberals must change gears from election cynicism, focus on the issues: UBC professors

COVID-19 response and recovery is likely to dominate platforms

B.C. could be without a new leader for multiple weeks after Election Day: officials

More than 20K mail-in voting packages were requested within a day of B.C. election being called

Vancouver Island sailor stranded in U.S. hospital after suffering massive stroke at sea

Oak Bay man was attempting to circumnavigate the world solo

Most Read