The federal government is proposing $1,337 in compensation for turning in an AR-15 rifle under a mandatory buyback program. Public Safety Canada has released a price list detailing how much money owners of banned firearms can expect under the program.
The mandatory buyback program would cover the more than 1,500 models and variants of what the government considers assault-style firearms, banned two years ago.
It will be mandatory for owners to take part in the buyback program, have their designated firearms rendered inoperable at the government’s expense or otherwise lawfully disposed of. “Today’s proposed price list represents another step towards getting these dangerous firearms out of Canadian communities while ensuring current owners are compensated fairly,” said Public Safety Minister Marco Mendicino.
An amnesty is in place until Oct. 30, 2023, to protect lawful owners of the now-prohibited firearms from criminal liability while they take steps to comply with the law.
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