The cost of the so-called "Assault-Style Firearm Compensation Program" eclipses $1BN, according to Public Safety's recently released 2026-2027 budget, which includes $145.1M for the ASFCP.
This figure notably includes $64.8M in compensation for participants in the program;
a significantly lower figure than the ~$250M promised previously, and just $28.8M earmarked for private contractors as the program moves into its most complicated and labour-intensive stage with the collection, shipping, warehousing, inventorying, verification, destruction, and eventual disposal of confiscated firearms.
In other words, while these initial budgetary figures push the program's overall cost north of the heady $1-billion dollar mark, in all likelihood, that will simply be the starting point as the program moves into its most cost-intensive and unpredictable phase.
Check out the article here, which includes sources for the figures cited:
https://calibremag.ca/...