Provincial finance ministers are being told to keep taxes on legal marijuana sales low, or risk undercutting the government’s goal of ending black market cannabis sales. But enticing consumers to buy legal marijuana over illicit weed will also require a competitive retail system, some argue.
The Trudeau government is sticking with its deadline to legalize recreational marijuana by July 2018, despite provincial fears that there’s not enough time to address the legal, social and health challenges of ending Canada’s pot prohibition.
The federal finance minister will be urging his provincial counterparts to keep taxes on marijuana low, as the legalization process moves forward. Bill Morneau will be meeting with provincial finance ministers in Ottawa over the next two days to discuss a range of issues, including pot tax.