r/canadaguns • u/Uhuru2019 • May 18 '26

Application / Regulation advice Status of Buyback

Anyone know what the current status of the buyback is? While I oppose it in principle, I bought a Springfield M1A for pure novelty and jumped at the chance to get virtually all of my money back for it. I went through the application process and now, crickets...

0 Upvotes

28% Upvoted

65 comments sorted by

View all comments

10

u/Nautaloid Black Powder Enjoyer May 19 '26

Should've not just opposed it in principle, but in action. You sold yourself out to an absolute circus of a program, for merely a chance at your 30 pieces of silver, not even a guarantee.

Would've been smarter to go gambling and hope you win the cost of the gun, instead of attempting to participate. Better odds of getting paid.

-7

u/Uhuru2019 May 19 '26

Meh, it's only upside for me. The rifle is wildly impractical for my purposes and it's now illegal to use regardless. I paid about $2,500 for it and the schedule says they will pay $2,350. If I end up getting the money, I basically get completely reimbursed for a dumb purchase. If I don't I'm no worse off and I wasn't going to use it anyway. Either way I'm not going to get caught up in the toxic nonsense displayed by so many people here.

8

u/CryptidWorks CryptidWorks May 20 '26

You are not getting the money.

They do not have the money. After paying businesses and restricted owners out, there will be nothing left, if they even pay them out. A guy on the east coast was quoted one number for AR-15 lowers, confirmed the amount in writing, and got 10% of the value they quoted. And he was an early participant when the coffers were fresh, and one of the few confirmed ones they actually paid out.

That's why we're all pissed.

It's not "toxic nonsense", it's us being mad because we're law abiding gun owners, many of us for years or decades, who have criminal background checks done on us daily, and the government has decided to just take thousands of dollars worth of our property without compensation, and without good, fact-based reasons.

If it was anyone other than the government, we would call that behavior theft.

5

u/Dependent_Account603 May 20 '26

2350$ in 2026 dollars is 30% less than in 2019 dollars. You're getting screwed.

Also if there's any blemishes on it, they'll take away from the value, as they did in the Nova Scotia pilot program.

Plus no money for customizations, magazines, ammo, scope rails etc.

1

u/Agile-Delay-8770 May 20 '26

What toxic nonsense? Resisting the many tyrannical policies of the government?

-2

u/Uhuru2019 May 21 '26

Ah, yes of course... The "tyranny" of taking away your right to play GI Joe on weekends with your AR.

3

u/mypyro May 21 '26

The tyranny of being made a criminal overnight for following the laws. Then being lied to for years about compensation just to get nothing.

Take poly's fist out of your ass and maybe you can think straight.

0

u/Uhuru2019 May 23 '26

I'm not happy about it but at the end of the day I can either stew in my own juices with you and this crowd or I can get reimbursed for a purchase I didn't really need.