That the agenda item summary from Alice Johnston, Manager of Corporate Services/Deputy CAO, dated January 30, 2019, regarding an NCLGA resolution requesting a cannabis excise tax revenue sharing agreement with the Province, be received. Further, that the following resolution be submitted to the North Central Local Government Association:
CANNABIS REVENUE SHARING WITH LOCAL GOVERNMENTS
WHEREAS only the federal and provincial governments are receiving tax revenue from the recently legalized sale of recreational cannabis, despite local governments encountering increased costs of the associated implementation;
AND WHEREAS the Union of BC Municipalities endorsed a resolution (SR1) calling for a principled approach to guide the negotiation of a cannabis excise tax revenue sharing agreement with the Government of British Columbia, and recommending that BC local governments receive 40% of the projected excise tax revenue in the short term, which has not received any response from the Province:
NOW THEREFORE BE IT RESOLVED THAT the NCLGA urge the provincial government to expedite a fair provincial-local government excise tax revenue sharing agreement for the sale of recreational cannabis.