TRUDEAU'S TOKER TAX

Prime Minister Justin Trudeau is proposing to levy a federal excise tax on recreational marijuana once it becomes legal next July, with the provinces and territories receiving half the revenue.

Under a federal proposal put to premiers during a first ministers meeting Tuesday, each gram of pot would be subject to an excise tax of $1 on sales up to $10 and a 10 per cent tax on sales of more than $10.

However, premiers argued that provinces will foot the lion's share of the cost of regulating and enforcing the new regime and should, therefore, get the lion's share of the revenue.