Citing a lack of cost recovery to date for legalization of cannabis, the City of Saskatoon’s Randy Grauer admits the normal business licensing fee is $125 dollars for a new license and $85 for an annual renewal. The General Manager of the Community Services Department says the proposed license fee for cannabis related businesses is substantively higher, but reflects the city’s existing cost profile to administer this new and very complex business. And the smaller number of businesses involved. The city is considering a $20,000 licensing fee for a shop’s first year of operation, and a $10,000 renewal charge. The proposed fee is in a report going to committee today (weds).
Possible Financial Wet Blanket for Cannabis Sellers
Saskatoon Weather
Studio/Text Line
306-938-0600
Toll Free Line
800-667-3727
Have Your Say
The Candian government wants the country’s banks to identify, in customers’ bank statements when they receive the carbon rebate, that it is labelled as such.
Environment Minister Steven Guilbeault says the lack of a clear identifier is contributing to confusion about carbon price rebates, so he is going to change the law if he has to in order to force the big banks to identify the carbon rebate by name when doing direct deposits.
The first rebate deposits in 2022 were labelled very generically, which meant recipients had no idea why they were getting the money.
T-D and B-MO have adopted the government’s requested “CdaCarbonRebate” entry, R-B-C and Scotiabank say they couldn’t make the change in time for the rollout, and C-I-B-C is still calling it “Deposit Canada.”