Opinion – Comments On Policy: Advocacy, Action and Influence – “Budget Applauded”

Opinion – Comments On Policy: Advocacy, Action and Influence – “Budget Applauded”

They write by way of introduction Budget 2022 On April 7, Deputy Prime Minister and Minister of Finance Chrystia Freeland presented Budget 2022 laying out the Government of Canada’s fiscal roadmap. Alongside the numbers of any Budget the government can choose to send policy signals while budget implementation legislation typically introduces a sweeping range of legislative amendments impacting various sectors.   Progress on both fronts! Growth-oriented cannabis strategy table Budget 2022 presented important signs of recognition for the cannabis sector in Canada with the announcement of a growth oriented cannabis strategy table to be led by the government’s primary economic development department, ISED. It’s noteworthy because our sector faces roadblocks in gaining equal access to the kind of government programs typically available to regionally diverse, new growth sectors. Excise Act Amendments Additional Budget 2022 action took shape on the legislative front where proposed consequential amendments to the Excise Act, if passed, will provide a wide range of benefits to license holders, especially those involved in co – packing. We’ve been working on these issues for some time so we are pleased to be able to share a Quick Analysis Note from Trina Fraser from Brazeau Sellers in Ottawa. Trina Co-Chairs the C3 Excise Task Force. Click here to read Trina’s analysis.   FULL PRESS RELEASE Canada’s cannabis license holders applaud Budget 2022 Budget 2022 responds to C3’s efforts to simplify the Cannabis Excise Tax Framework and acknowledges the industry’s economic contribution and significant potential. Ottawa, ON, April 7, 2022 – As the national representative of licensed producers and processors of cannabis, the Cannabis Council of Canada applauds Budget 2022’s announcements on changes to the Cannabis Taxation Framework and General Administration under the Excise Act, 2001 and on Engaging the Cannabis Sector. “Today’s budget recognizes the scale and impact of Canada’s cannabis sector. The amendments to the Cannabis Excise Duty…

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Source : Opinion – Comments On Policy: Advocacy, Action and Influence – “Budget Applauded”

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