This evening, Public Safety Canada held a technical briefing for stakeholders after the announcement from the Minister of Public Safety regarding the federal confiscation program or “Assault Style Firearms Compensation Program”. Read the Government’s full announcement here: Government of Canada announcement.
CSAAA participated in that technical briefing and we are still left with unanswered questions and concerns. We are particularly concerned about any pricing discrepancies and the lack of compensation and clarity on a process for firearms like the Crypto and any firearms that are classified as prohibited in the future.
A brief overview of today’s announcement:
A pilot project for the individual confiscation or “buyback” program launches today in Cape Breton, Nova Scotia and will run for six weeks. Collection and compensation will not begin until 2026.
The business compensation program will reopen “in the coming weeks” to compensate for firearms prohibited from May 2020, December 2024, and March 2025. There is an $11,000,000 cap on compensation for businesses and once that budget cap is met no more compensation will be offered.
We encourage members that wish to be compensated for their prohibited inventory to review the published list of business pricing and contact us immediately with any questions or concerns so we can raise them directly with Public Safety during our upcoming discussions.
- Individual Pricing List: CLICK HERE
- Business Pricing List: CLICK HERE
CSAAA will continue to advocate for clarity, transparency, and fairness in this process – while fighting destructive and ineffective prohibitions and regulations.
Please contact us with your concerns with us as soon as possible so we can ensure they are raised directly with Public Safety in our upcoming meetings.
We will keep industry stakeholders informed as new information is offered.
