Compensation model for the Assault-Style Firearms Compensation Program

Compensation for businesses

Compensation amounts for businesses were determined following in-depth research, including:

Priority was given to manufacturer and Canadian retail prices where possible. Firearms industry representatives confirm that compensation amounts reasonably reflect what a business would likely have paid for the eligible prohibited firearms before prohibition.

Businesses receive an additional $250 for each firearm turned in to offset processing and packaging costs, as well as inventory and holding costs incurred since the prohibitions.

Firearm compensation amounts are for fully assembled firearms. Lower receivers turned in by businesses will be compensated at a flat rate of $480 when the value of the fully assembled firearm is $480 or more. If the value is less than $480, the compensation paid for lower receivers will be equal to the fully assembled firearm. All compensation amounts are final.

Eligible parts and components

Businesses can receive compensation for turning in certain firearms parts and components given that they may have significant inventory since prohibition.

These parts and components are required for the successful operation of a prohibited firearm or are part of the manufacturer standard.

Any firearms, upper receivers or parts and components turned in through the program that are not eligible will be destroyed without compensation.

Compensation for individuals

Compensation amounts for individuals are based on the average retail price of each of the makes and models of assault-style firearms included in the 2020, 2024 and 2025 prohibitions.

Compensation amounts were validated through in-depth research including:

Priority was given to manufacturer and Canadian retail prices where possible. Firearms industry representatives confirm that compensation amounts reasonably reflect what individuals would likely have paid for the eligible prohibited firearms, before prohibition.

Firearm compensation amounts are for fully assembled firearms. Lower receivers turned in by firearm owners will be compensated at a flat rate of $550 when the value of the fully assembled firearm is $550 or more. If the value is less than $550, the compensation paid for lower receivers will be equal to the fully assembled firearm. All compensation amounts are final.

Upper receivers and firearms parts and components are not eligible for compensation for individuals under the program. Owners who participate in the program may choose to include upper receivers in their claim and turn them in during the collection process, but will not receive compensation.

Any items turned in to the program that are not included in the list of firearms for individuals will not be returned and will be destroyed without compensation.

Deactivation

Businesses and individual firearms owners who choose to permanently deactivate their prohibited firearms are reimbursed at a flat rate of:

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2026-01-17