Taxation of legalized pot won’t be a government cash cow, Trudeau says

The prime minister says there's potential for a bit of revenue from legalizing marijuana, but the federal government isn't looking for a financial windfall.

OTTAWA — The prime minister says there’s potential for a bit of revenue from legalizing marijuana, but the federal government isn’t looking for a financial windfall.

Justin Trudeau says any money that flows to public coffers through taxation of pot should go towards addiction treatment, mental health support and education programs — not general revenues.

In a roundtable interview with The Canadian Press, Trudeau said that for his party legalization of marijuana has always been about public health and safety, not about making money.

The Liberals have promised to legalize, regulate and restrict access to marijuana to keep it out of the hands of children while denying criminals the financial profits.

The new system of marijuana sales and distribution would include appropriate federal and provincial excise taxes.

However, Trudeau cautions that taxing pot too much would fuel the black market, something that resulted from heavy taxation of tobacco cigarettes.

Just Posted

City of Red Deer gets ball rolling on annexing more land

”It’s important we look ahead,” says Mayor Veer

Walmart melding online and in-store shopping

South Red Deer Walmart recently underwent six months of renovations

Updated: Nature trail unveiled at RDC

Trail unveiling and tree planting honours Nova Chemicals $2 million donation

Rural municipalities seek more funding to address cannabis legalization

Not enough supports in Municipal Cannabis Transition Program

Video: Windows smashed at three Red Deer businesses

Red Deer RCMP arrest man after vandalism spree

Automated cars could kill wide range of jobs, federal documents say

OTTAWA — More than one million jobs could be lost to the… Continue reading

McGill research finds significant driving impairment 5 hours after cannabis use

MONTREAL — Driving under the influence of cannabis remains dangerous even five… Continue reading

Family: Remembering the important things

It seems so much of life is work and routine and then… Continue reading

Canada gets into Women’s World Cup with 7-0 win over Panama

FRISCO, Texas — Christine Sinclair isn’t concerned about chasing records. She’s set… Continue reading

Baldwin urges ‘overthrow’ of Trump government via voting

MANCHESTER, N.H. — Actor Alec Baldwin followed up his latest parody portrayal… Continue reading

Prince Harry and Meghan expecting their 1st child in spring

CANBERRA, Australia — Prince Harry and his wife, the Duchess of Sussex,… Continue reading

Sears files for Chapter 11 amid plunging sales, massive debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Monday, buckling… Continue reading

Doctors to debate medical pot as more patients expected to ask for prescriptions

VANCOUVER — Doctors with opposing views on whether medical marijuana should be… Continue reading

Most Read