PETERS – Even non-cannabis users should be concerned about tax sharing
Posted on October 23, 2021 in Local Voices, Page One, Peters // 1 Comment
As Mayor Ken Christian told CFJC‘s Adam Donnelly this week, the sky did not fall. In fact, for some cannabis users, literally nothing changed.
They are still getting their cannabis from the same sources who provided it before legalization.
That’s not good news for the federal government because legalization and regulation of the market also brought taxation — a tidy revenue stream from all of those newly-minted legal cannabis users.
And while that revenue stream keeps the dollars flowing in, there are costs associated with legalization that are borne by governments as well — costs like writing and implementing bylaws, planning and zoning, and enforcement.
James Peters is the radio anchor at CFJC, coming to Kamloops in 2006. He anchors the afternoon news on B-100 and 98.3 CIFM, and contributes weekly editorials to the CFJC Evening News. He tweets regularly @Jamloops.
The City gets grants from provincial and federal governments left, right and center. Mostly I am concerned how they get spent here locally.