RE:RE:RE:RE:RE:RE:Liberal's excise tax on cannabis products (retail, not If someone can provide info on new law enforcement investments from gov fighting illegal cannabis traffic, I would be very happy.
Federal vs Provincial Cut
The federal government originally proposed that the excise tax would be split 50 / 50 with the participating provinces but the December 2017 agreement with the provinces increased the provincial share to 75 percent. The federal government will keep the remaining 25 percent. However, that sum will be capped annually at $100 million for the first two years after legalization. Beyond that, any federal revenue in excess of $100 million would go back to provinces and territories. In turn, the government expects a large portion of this revenue to go to municipalities and local communities which are on the front lines of implementation and contending with the many attendant costs associated with legalization.
The budget proposed to provide $62.5 million over five years (starting in 2018–19) for cannabis public education initiatives. This funding will support the community-based organizations that are educating their communities on the risks associated with cannabis use. Also proposed were plans to provide $10 million over five years for the Mental Health Commission of Canada to help assess the impact of cannabis use on the mental health of Canadians. Another $10 million was pledged to the Canadian Centre on Substance Use and Addiction to support research on cannabis use in Canada.
The government projects other excise taxes and duties (OETD) to increase by 4.6 percent in 2018–19 through cannabis revenues.