Federal government will let provinces keep 75 per cent of marijuana tax revenues

Justin Trudeau’s Liberal Party originally stated that tax from the sales of marijuana would be a 50-50 split between the federal government and the provinces and territories when the drug is legalized.

However, the Liberals have recently relented, agreeing to let the provinces and territories take a bigger piece of the tax pie. 

The agreement is set to be in place for two years after legalization. 

The Editors

The Editors

The BCBusiness editorial team lives for big ideas, bold entrepreneurs and the business stories that make B.C. tick.