Close X
Saturday, November 30, 2024
ADVT 
National

B.C. municipalities want province to share pot tax

Darpan News Desk The Canadian Press, 25 Sep, 2020 09:39 PM
  • B.C. municipalities want province to share pot tax

A group advocating on behalf of municipalities and some First Nations across B.C. wants the province to share its cannabis excise tax revenue.

The Union of B.C. Municipalities president Maja Tait says 99 per cent of the group's 189 members voted in favour of seeking a portion of the revenue this week at a convention.

Tait says municipalities have pushed for access to cannabis-related money five times in recent years because they have long incurred costs around regulating the substance.

The excise cannabis tax is paid by licensed cannabis producers when their products are delivered to a retailer or customer and the federal government retains 25 per cent of the money up to $100 million a year.

The remaining 75 per cent is given to provinces and territories, but some including Alberta, Ontario and Quebec have decided to pass along a portion of the money to municipalities.

The union says B.C. is expected to receive $50 million in revenue from the excise tax in the fiscal 2020-2021 year.

MORE National ARTICLES

Trudeau urges vigilance as COVID cases reach 150K

Trudeau urges vigilance as COVID cases reach 150K
With cases surging in Ontario and Quebec hotspots, Trudeau implored on the public to adhere to public health guidelines, stressing that "what we do now, will be critical for the weeks and months to come."

Trudeau urges vigilance as COVID cases reach 150K

MP Tabbara's case adjourned another month

MP Tabbara's case adjourned another month
Tabbara was elected as a Liberal in 2015 and 2019 but left the caucus to sit as an Independent in June after the charges became public.

MP Tabbara's case adjourned another month

WATCH: Bearded RCMP officers face discrimination over mask policy and Farmers in India protest agriculture bills

WATCH: Bearded RCMP officers face discrimination over mask policy and Farmers in India protest agriculture bills
WATCH: Some bearded RCMP officers assigned desk duty during the COVID19 pandemic feeling being discriminated against. Farmers in India protest blocking railways and streets in relation to agriculture bills.

WATCH: Bearded RCMP officers face discrimination over mask policy and Farmers in India protest agriculture bills

Tories' Sunday sitting for aid bill shot down

Tories' Sunday sitting for aid bill shot down
The CERB, which has helped almost nine million Canadians stay afloat during the pandemic, ends on Saturday.

Tories' Sunday sitting for aid bill shot down

Calgary Zoo hopes pandas will be China-bound soon

Calgary Zoo hopes pandas will be China-bound soon
The zoo says international permit approvals are now underway and it's cautiously optimistic it will be able to confirm a flight to China for the pandas soon.

Calgary Zoo hopes pandas will be China-bound soon

Feds pledge $440M for global vaccine program

Feds pledge $440M for global vaccine program
The federal government has committed more than $1 billion to buying vaccines for Canada, much of which is not refundable even if the vaccines are never approved.

Feds pledge $440M for global vaccine program