Monday, December 11, 2017

Alberta says feds’ marijuana tax revenue plan ‘much better’ than earlier 50-50 share

The federal Liberals had just proposed a $1 per gram tax on pot when it becomes legal in 2018 and suggested it split the tax 50-50 with the provinces.

Ceci wasn’t impressed and vowed to send a letter immediately “on behalf of all the provinces saying that’s unacceptable and we need to get into a room together to work it out.”

Watch below: Alberta Finance Minister Joe Ceci responds to the proposed 50/50 tax revenue split on marijuana between provincial and federal governments.

On Monday, he reiterated the provinces would need resources to handle the bulk of work and costs associated with legalizing marijuana  – from policing to education.

“Provinces will bear the responsibility of the regulations, the risks, the infrastructure to proceed with this federal initiative,” Ceci said.

“Make no mistake, we will do the hard work to protect children and youth and our communities. What we won’t do is foot the bill for the federal government’s campaign promise.”

Federal Finance Minister Bill Morneau announced the new agreement Monday after a day-long meeting with his provincial and territorial counterparts.



from http://ift.tt/2klc1QO
via IFTTT Alberta says feds’ marijuana tax revenue plan ‘much better’ than earlier 50-50 share http://ift.tt/2klc1QO