Penticton Herald

Statistics Canada to get cannabis sales data to measure economic impacts, black market

-

OTTAWA — About twothirds of casual cannabis users say they didn’t spend a dime on the drug in the past three months, Statistics Canada reported Thursday as it provided the most detailed picture to date about Canadians spending habits ahead of legalizati­on next week.

The latest round of data from the agency’s cannabis survey shows more than 650,000, or 14 per cent, of users spent between $251 and $500 in the last three months on cannabis. Seven per cent spent between $501 and $1,000, while three per cent spent more than $1,000.

Those who used the drug more often were more likely to pay more.

And those who spent nothing were likely the beneficiar­y of a sharing culture among marijuana users, Statistics Canada said.

The spending figures released days before cannabis is legalized will become even more detailed after Oct. 17 as the agency and others try to get a handle on the market and what it means for policy-makers, companies, consumers and the economy.

Statistics Canada officials say they plan to pull point-of-sale informatio­n from legal cannabis purchases to figure out how much people spend, its impact on the economy and provide a way to capture what’s left of the black market.

Trying to get a handle on cannabis statistics has been no easy task.

Statistics Canada has relied on crowd-sourced data, but that will change next week when stores, provinces and territorie­s start supplying details about sales.

The agency says that about 4.6 million Canadians over age 15, or about 15 per cent of that age group, reported using cannabis in the past three months, mirroring similar numbers from earlier this year.

About six per cent of users, nearly 1.8 million people, reported using cannabis either daily or almost every day, and three per cent, or almost 800,000 people, reported being weekly users.

Some of the agency’s work on cannabis spending and consumptio­n were used as part of a report released Thursday by the C.D. Howe Institute that argues some users will continue to spend money in the illegal drug market the Liberals hope to quash through legalizati­on.

The authors estimate the black market will be valued at $2.5 billion in the first year of legalizati­on due to a mix of supply and availabili­ty issues in the legal market, shifting tactics in the illegal market, and the lack of federal regulation­s for edibles. That would mean $800 million in lost tax revenues for Ottawa and the provinces.

Newspapers in English

Newspapers from Canada