The federal government has released the amount it plans to pay gun owners for banned firearms they surrender under the mandatory buy-back program.
On Thursday, Public Safety Canada released a full price list outlining how much compensation individual homeowners can expect to receive under the program. The buyback offer applies to the more than 1,500 models and variants of “assault-type” weapons that the government banned from sale and use on May 1, 2020.
“It will be mandatory for individuals to participate in the buy-back program, surrender their assault-type firearms rendered unusable at government expense, or otherwise dispose of them lawfully,” Public Safety Canada said in a statement.
Here is the proposed compensation amount for the 11 categories of prohibited firearms:
- AR platform firearms such as the M16, AR-10, and AR-15 rifles and the M4 carbine: $1,337
- Beretta Cx4 Storm: $1,317
- CZ Scorpion EVO 3 carbine and CZ Scorpion EVO 3 pistol: $1,291
- M14 Rifle: $2,612
- Robinson Armament XCR Rifle: $2,735
- Ruger Mini-14 rifle: $1,407
- SG-550 Rifle and SG-551 Carbine: $6,209
- SIG Sauer MCX, MPX Forearm such as SIG Sauer SIG MPX Carbine and SIG Sauer SIG MPX Pistol: $2,369
- Vz58 carbine: $1,139
- Firearms with a bore diameter of 20 mm or more – other than those designed exclusively for the purpose of neutralizing explosive devices: $2,684
- Firearms capable of discharging a projectile with a muzzle energy greater than 10,000 joules: $2,819
The price list is based on what Canadians could afford to buy these guns before the policy change that Prime Minister Justin Trudeau campaigned on in 2019, and later announced following the mass shooting in New York. -Scotland in 2020.
By Aug. 28, the federal government is seeking feedback from gun owners, businesses and the gun industry on the proposed compensation amounts, Public Safety Minister Marco Mendicino, claiming that the goal is to remove firearms from Canadian communities while fairly compensating current owners. . The government has released an online survey for those interested to fill out.
Once the consultation period is over, the government says known gun owners will be contacted to take part in the scheme. The Liberals have already implemented an amnesty period until October 20, 2023 allowing lawful owners of these prohibited firearms to be protected from criminal liability while they take the necessary steps to comply.
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