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Trudeau wants to impose a 10-percent federal tax on recreational cannabis

(Straight) At the end of today’s First Ministers Meeting in Ottawa, Prime Minister Justin Trudeau told unsuspecting premiers about his plan to tax recreational cannabis.

He proposed that the federal government impose a dollar-a-gram excise tax up to prices of $10. On cannabis priced higher than $10 a gram, the tax would be 10 percent.

Trudeau said the proposal included a plan to split the tax revenue 50-50 with provincial governments.

“The provinces argued that they are going to be burying more costs, certainly, up-front in terms of installing the regime,” Trudeau told media in Ottawa after the meeting.