Noront Resources

High-grade Ni-Cu-Pt-Pd-Au-Ag-Rh-Cr-V discoveries in the "Ring of Fire" NI 43-101 Update (March 2011): 11.0 Mt @ 1.78% Ni, 0.98% Cu, 0.99 gpt Pt and 3.41 gpt Pd and 0.20 gpt Au (M&I) / 9.0 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inf.)
5

Maybe this is why there seems to be no urgency to jumpsart the economy with the ROF?

http://globalnews.ca/news/2483291/feds-could-rake-in-5-billion-each-year-from-legalized-pot-cibc-says/

Tax revenue from legal pot could hit $5 billion each year, CIBC says

By Staff The Canadian Press

In this June 26, 2015, file photo, different varieties of marijuana flowers are displayed at medical marijuana dispensary in Portland, Ore.

AP Photo/Gosia Wozniacka, File

A A

Call it Prime Minister Justin Trudeau’s secret stash.

A new report from CIBC World Markets says Canada’s federal and provincial governments could reap as much as $5 billion annually in tax revenues from the sale of legal marijuana.

CIBC economist Avery Shenfeld crunched the numbers using current estimates of Canadian recreational pot consumption, the revenue experience in U.S. states that have legalized, and other factors – such as prevailing “sin tax” rates on alcohol and tobacco.

City Hall

Trudeau talks ‘two elements’ involved in legalizing, controlling and regulating marijuana

News Hour Toronto

Critics call on Trudeau government to include pardons when revamping marijuana laws

Crime

PM welcomes provincial input on marijuana dispensary strategy

Politics

Are we going to see marijuana sold in grocery stores alongside beer?

Early News Calgary

Medical marijuana risks may outweigh benefits

Canada

Gov. Gen. David Johnston announces Liberal government will legalize marijuana during throne speech

The Liberal government has promised to legalize, tax and regulate marijuana and has made MP Bill Blair, the former Toronto police chief, the lead on investigating a new regulatory model.

Trudeau maintains that legalized pot will not be a cash cow, and that all revenues will be used to address public health and addictions issues.

The bank report suggests there will be a sizeable bump in government revenues from the eventual legal sales, but says the cash will not enough be to make government deficits simply go up in smoke.

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