In his Mandate letter to Public Safety Minister Bill Blair, Prime Minister Trudeau gave the highest priority to prohibiting and confiscating “military-style assault rifles.” Speculation about the cost of this “buy back” has zeroed in on how much owners will be paid for surrendering their guns. CBC reported that Minister Blair claimed the cost for the “buy back” of roughly 250,000 firearms would be between $400,000 and $600,000. That is, if owners comply.
My best estimate is that confiscating 250,000 firearms would cost the Canadian taxpayer between $1.6 billion to almost $5 billion in the first year. My back-of-the-envelope estimate of the governmental costs of collecting 250,000 guns required to be surrendered has been extrapolated from the New Zealand template. The detailed calculations are posted on the website, https://justiceforgunowners.ca.
Article Submitted by Gary Mauser, PhD Professor Emeritus, Simon Fraser University, BCWF Chair Firearms Committee.
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