The proposed excise tax would add $1 per gram or 10 per cent to the final retail price charged — whatever’s higher — plus GST, and the revenues would be split equally with the provinces and territories.
B.C. Finance Minister Carole James welcomed the federal government’s tax position but said there remain issues around how revenues will be divvied up.
“The majority of costs are borne by the provinces. Whether we’re talking about public education, road safety, and public safety or policing,” said James. “Those are issues that the province is going to have to address, there’s a long list.”