Payment of your claim

Compensation amounts

As an eligible business, you could receive compensation for each eligible firearm, device, part or component turned in or deactivated as part of the Assault-Style Firearm Compensation Program. See compensation amounts for businesses.

Eligible businesses would also receive an administrative payment of $250 for each firearm turned in to offset processing and packaging costs, as well as inventory and holding costs incurred since the 2020 prohibition. This payment would be added automatically to your total claim amount. Please note that submitting a claim does not guarantee compensation.

If you choose to have your firearms deactivated, you'll be reimbursed a flat rate fee of $400 to $700 per firearm.

See details in the ASFCP compensation model.

Participating in the program is voluntary, however businesses (except those with required registration certificates and specific privileges on their licence) must dispose of or permanently deactivate their assault-style firearms by the end of the amnesty period or risk criminal liability for the illegal possession of a prohibited firearm.

When you'll receive payment

Once you've submitted your claim and your firearms, devices and/or parts and components have been received and validated, payment will be issued within 45 business days, provided that all required firearm validations are successfully completed, and no additional review is required.

To help process your payment as quickly as possible, please fill out your claim accurately.

Direct deposit information

To receive payment for your claim, make sure your direct deposit information is up to date in your program account including:

• Branch transit number
• Financial institution Number
• Account Number

Request a compensation review

To ensure the efficient delivery of the program within the available program funds, the compensation review process will no longer be available when the program re-opens for businesses later this fall.