I have just finished listening to a CBC radio interview with Doug
Ford. I am about to swoon. I don’t swoon often, but no provincial taxes
for those making under $30,000 a year. It won’t help me, I will still be paying
taxes, but with job churning, I am surrounded by people who make under $30,000 who
are really struggling just to get by. But the
real swoon moment came when he said he was in favour of the privatization of
pot stores – can I get an ‘Amen’.
Now he did say, he needs to
consult and discuss this issue with his caucus and hear their thoughts, but in
his personal opinion, he favours letting the private sector run it.
I haven’t been able to determine just how much Wynne intends to spend
getting into the retail pot business, but the most recent article I have on the
January 2018 CBC article suggests it could take at least 2 years before the
province sees a return on their initial retail investment.
We do know that the Liberals have already spent $650,000 for the new logo and branding/marketing strategy. Although, why the Wynne government
believes they need an officially branding/marketing strategy for a product that
is already widely consumed illicitly and the government will have an absolute
monopoly on the legal retail trade once legalization happens this July - providing
the Liberals win the election …but hey, it’s Wynne and another Liberal spending
cluster fuck…so Bob's your uncle.
The truth is, no one knows, what
the demand/market for legalized pot will be but letting the private sector take
the risk for establishing retail pot stores
makes far more sense than a top heavy
investment by government in the retail sector and hoping to break even in a few
years.
I suggest you listen to the full interview. Robyn
Bresnahan is rather hostile but the Doug keeps his cool and keep in mind the kind of efficiencies Ford is discussing is
not making multi-million dollar investments in the risky retail sector or even
buying Canada Goose Jackets youth correctional facilities workers….oh yes, the
Wynne government did.
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