07-09-2018 02:30 via vancouversun.com

Municipalities to debate call for 40 per cent split of B.C. pot taxes

B.C. municipalities will debate next week whether to ask the province for a 40 per cent cut of its share of federal recreational cannabis tax revenue for the first two years of legalization.
A special resolution being considered at the Union of B.C. Municipalities convention next Tuesday proposes a revenue-sharing agreement with the province in which local governments get 40 per cent of B.C.’s share of federal excise-tax revenue, roughly $50 million of a projected $125 million over th
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