Taxing Marijuana: Plans From Ottawa and the Provinces
THE CANADIAN PRESS/Joe Mahoney
November 21, 2017
The federal government has confirmed its plan for an excise tax on legalized cannabis:
$1 per gram up to $10, with a 10% rate on prices above $10.
That’s in addition to existing sales tax.
Ottawa is proposing a 50/50 revenue split with the provinces, who argue they will bear more responsibility in implementing the legalization of cannabis — from health care to policing — beginning next year when Bill C-45 is expected to take effect.