B.C. says 50/50 pot tax split with Feds not good enough
VICTORIA – British Columbia 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 said the province bears most of the responsibilities for the costs of enforcing marijuana laws but is slated to receive only half the revenue.
She said she’ll consult with her provincial counterparts about B.C.’s objections and make her views known to the federal government.
Ottawa proposed 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.