MUNICIPALITIES WANT BIG CUT OF POT PROCEEDS

Sep 07, 2018

By Andy Johnson

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There’s an idea circulating in British Columbia that could help municipalities with the additional costs they’ll face once marijuana is legalized next month.

The Union of B.C. Municipalities has tabled a resolution asking the province to give local governments 40% cent of the $125-million Victoria expects to receive from marijuana excise taxes over the first two years of legalization.

Vancouver Councillor Kerry Jang says the proposal is about ensuring new, local government, costs are covered.

So far no reaction to this from either Toronto City Council or the Ford P.C. Government at Queen’s Park.

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