Canada Has Raised Over $5.4B in Cannabis Tax Revenues Since 2018
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Canada has raised more than $5.4 billion in tax revenues from cannabis sales since federal legalization in 2018, CBC reports. The federal government collected $1.2 billion in revenues, while the provinces collected $4.2 billion.
Alberta, which collected just over $1 billion, raised the most per capita revenue of any province, with about $210 per person. Quebec had the lowest share per person, pulling in about $55.
Ontario raised $1.5 billion, more than any other province.
The federal legalization bill included requirements for cannabis education, and the government projected $83 million in spending over five years on educations; however, Health Canada reports it has spent about $31.6 million during the first five years.
According to a Statistics Canada report, the legal cannabis industry has contributed $9.104 billion to the nation’s gross domestic product (GDP) through the first three months of 2025.
A survey published in April conducted by Abacus Data commissioned by Organigram Global found 57% of Canadians view cannabis as important to the country’s economy, and another 62% believe it could play a more significant role in the future economy.