Tuesday, May 21, 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

CRA website remains limited after hack

CRA website remains limited after hack
The CRA is "working diligently to restore access to all services as quickly as possible," spokeswoman Sylvie Branch wrote in an email.

CRA website remains limited after hack

Eyewitnesses take stand in N.B. mass shooting trial

Eyewitnesses take stand in N.B. mass shooting trial
Foster, an eyewitness to the 2018 Fredericton mass shooting, took the stand Thursday in the murder trial of Matthew Raymond.

Eyewitnesses take stand in N.B. mass shooting trial

Debate on throne speech gets underway

Debate on throne speech gets underway
Several dozen MPs took their seats in the chamber, while more signed in online as opposition parties readied to give their official responses to Wednesday's speech from the throne.

Debate on throne speech gets underway

House of Commons pays tribute to John Turner

House of Commons pays tribute to John Turner
Trudeau and representatives of the other political parties paid tribute in the House of Commons to Turner, who died Saturday at age 91.

House of Commons pays tribute to John Turner

Ontario reports higher daily COVID cases

Ontario reports higher daily COVID cases
Health Minister Christine Elliott says nearly two-thirds of new cases are in people under 40.

Ontario reports higher daily COVID cases

Legislated emissions targets likely this fall

Legislated emissions targets likely this fall
The legislated targets are to be legally binding, though it is not clear how they would be enforced.

Legislated emissions targets likely this fall