Transfer Times

[redflagmat]

Just curious for those who might’ve purchased a restricted that is now proposed to be prohibited/banned. Will that transfer go through? Or what will they do?

[Gunz4me]

In the past it typically has gone through

He still wants his tax money

[BallChange]

yeah like they dont get enough by printing it out of thin air

[DanielW]

NL business to Ontario private, purchased July 11 (not sure when transfer initiated) approved Dec 7
#5969xxx

[Deadringer]

Just curious for those who might’ve purchased a restricted that is now proposed to be prohibited/banned. Will that transfer go through? Or what will they do?

C-21 is still just proposed legislation, until it becomes law it has no impact on transfers. If/when c-21 passes into law, any pending restricted transfers that will become banned will need to be halted (because its illegal at that point for the store to complete the transfer).

[canadaguns1991]

Shouldn't it still be processed because the transfer was started before the charges took effect? Or would we be refunded and the transfer process be canceled by cfo?

[pcvando]

any pending restricted transfers that will become banned will need to be halted (because its illegal at that point for the store to complete the transfer).

This is incorrect.

Based on a SCC decision, all initiated transfers are required to be completed, regardless of any legal changes.

If you have a transfer initiated, it will go through.

[Hvacpimp]

C-21 is still just proposed legislation, until it becomes law it has no impact on transfers. If/when c-21 passes into law, any pending restricted transfers that will become banned will need to be halted (because its illegal at that point for the store to complete the transfer).

Fake news

[sametwinnie]

Quebec, bought mid July, approoved today

[jbmauser]

Just finished talking to the CFO here in Sk. They just started
the transfer for the month of September....

Still waiting for one started in August.