I've also been doing my research to buy a
non-restricted semi-auto for hunting, although I'm not just looking at 5.56NATO/.223REM, I'm also pretty open to 7.62×39 Soviet or even 7.62×51NATO/.308WIN since the latter is my bread and butter for my bolt guns and it would simplify logistics (I don't plan on carrying 210 rounds when I go hunting, although one could argue the number of rabbits it becoming troublesome in these parts).
To answer your question completely (and at the same time help all the newbies out there), here's my thorough list of sub $2K (or close)
non-restricted semi-auto rifles in 5.56NATO/.223REM and even .223 Wylde. FAIR WARNING :
based on descriptions in the FRT, most of these appear to meet the definition in amendment G4 of Bill C-21 so most of these might get banned soon unless someone reasonable gets elected PM). I've listen them from cheapest to most expensive, so folks chime in if I'm wrong on the pros/cons and I'll edit this post and correct:
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Kel-Tec SU-16E (~$1,100).Pros: very inexpensive, takes AR mags, AR-style buffer tube/buttstock,conventional long-stroke gas-piston and utilizes the proven Johnson/Stoner breech locking system. Cons: not very ambidextrous (while the push bolt safety can be changed to work from either side, the reciprocating bolt handle and magazine catch are on the right side), reciprocating bolt handle. Except for barrel and operating components, the SU-16F is made entirely of high-impact reinforced polymer. Fixed Low-Profile Front on Gas Block, Flat Top Rail. A railed forend replaces the polymer handguard for attachments of foregrips and other accessories.
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Norinco Type 97 (or T97) Gen 3 (~$1,300 if you can get one). Pros: very inexpensive, decent reliability, decent accuracy, compact, ambidextrous mag release, non reciprocating reversible side charging handle. Cons: weight (8.6lbs, to me anything above 7.5lbs is too heavy), some people don't like the ergonomics (but to quote Tyler: "most people who don't like the ergo's wouldn't like bullpups anyway"). You can't ignore that it's the civilian version of the T95/QBZ-95 made by Norinco and chambered in 5.8×42mm/DBP87 for the use of chinese army, so it's no toy, but to get it working properly for running and gunning, you're gonna have to get your metal file out and you're gonna have to know what you're doing.
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Kodiak Defence WK180C Gen2 (~$1,450). Gen 2 introduced in 2022. Pros: inexpensive, decent accuracy, decent weight, takes AR mags, has lots of other perks that runners and gunners are looking for (long lightweight handguard has plenty of M-LOK on side and bottom, non-reciprocating charging handle, external bolt catch, AR-style cross-pins & safety selector). Cons: not the most compact, durablility is a question mark (6061-T6 upper & lower receiver, compared to the better 7075-T6 on the Raven), although it uses a short-stroke gas system reliability is not great when out of the factory (They say it's a fixer upper. I've heard that Kodiak's break in procedure are awful but after you get that out of the way the guy runs flawlessly. True North sells parts to improve reliability tho.).
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Kel-Tec Rifle Downward-ejecting Bullpup (RDB) (~$1,600). Pros: relatively inexpensive, decent accuracy, decent weight (7lbs empty), compact, completely ambidextrous, takes AR mags. Cons: some people don't like the ergonomics (bullpup), reciprocating charging handle, reliability varies (lots of stovepipes and double-feeds reported when gun is new, but apparently it settles in OK if you can work through the issues), and I hear manufacturer warranty is hard to follow-up on.
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Black Creek Labs SRV2 Siberian (~$1,700). Pros: pretty inexpensive for a BCL product, good accuracy (
it's the only one on here chambered in 223 Wylde so it can shoot .223REM accurately while still shooting the faster 5.56NATO no problemo), low weight (it's listed as 6.9lbs empty on some sites, but BCL spec sheet says 7.4lbs for the 18.6" barrel non-restricted version), relatively compact for a typical semi-auto layout (packs down to 29″ long with the Zhukov stock folded for CQB use, so you can get it to be shorter than the 30" of the T97 or RDB bullpups but you won't be able to nestle into your shoulder so it won't be as accurate. 36.50”-39.00” OAL with the stock fully collapsed or fully extended), durable (4150 Chrome Moly button rifled barrel, built-in QD points with steel inserts instead of aluminum), pretty ambidextrous (ambi safety, BCL’s standard mag and right-side bolt release buttons to boot), takes AR mags, has lots of other perks that runners and gunners are looking for (15" long free-floating handguard has plenty of M-LOK on side and bottom, milspec removable trigger guard for shooting in the winter with thick gloves), manufacturer warranty. Cons: reliability varies (but BCL stands behind its products).
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Crusader Arms Templar Gen 2 (~$2,000 with milspec trigger, ~$2,250 with Trigger Tech trigger). Pretty similar to the Raven, but upper and lower receiver is 6061-T6 not 7075-T6 aluminum, but with an ACR-style collapsible stock instead of the Raven's Zhukov collapsible stock. Manufacturer warranty seems good as well.
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Lockhart Tactical Raven in 5.56NATO/.223REM(~$2,050). Pros: good reliability and accuracy when tuned (DI system is tunable from the factory, 316 Stainless Steel bolt-carrier coated with a DLC (Diamond Like Carbon) coating, match grade 416R stainless steel 5R button rifled barrel), low weight (6.8lbs), very compact (Packs down to 26" long with Zhukov stock folded, OAL is 37” stock fully extended, 34” stock fully collapsed), durable (upper & lower receiver are 7075-T6 aluminum and not just 6061-T6 like others), Platinum model is completely ambidextrous (lefties should avoid the Gold model which isn't ambi), takes AR mags, has lots of other perks that runners and gunners are looking for (long lightweight handguard has plenty of M-LOK on side and bottom, top and /or side [ambi] charging handle options out of the factory, AR-style buffer tube/buttstock/trigger group/extractor claw, last-round bolt hold open, tool-less takedown), manufacturer warranty. Cons: some people say the handguard wiggles a bit (apparently it's normal due to the ability to remove the handguard without tools), and while it has many QD points the ones in the handrail are all in 6061-T6 aluminum so longevity is a question mark.
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Heckler & Koch SL8 Variant (~$2,200, if you can find one). Pros: well known for simplicity and reliability (uses a proven short stroke, piston-actuated gas operating system, based on the combat-proven G36 rifle used by the German Army), manufacturer warranty. Cons: heavy (9.2lbs empty!!!), durability is a question mark (constructed almost entirely of a reinforced carbon-fiber polymer so things might loosen up as you put rounds down range, and some people are saying it feels like a toy), and the non-restricted version sold in Canada is (AFAIK) limited to .223REM so it might not be able to shoot the faster 5.56NATO cartridges.