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...

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u/iTzDusty May 19 '26

You will likely get an email in the next week to confirm an appointment and sign a funding agreement. Depends on how early you were in the process. I received mine two weeks ago, others I know received theirs last week. My appointment is in about two weeks at my local detachment.

Ignore all the salty responses, 99% of them are from people that dont even have any prohibs to begin with. If I listened to the crowd here I wouldn't be buying a Carmel guilt free and would be stuck with $22,000 in prohibs I cant use.

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u/RDasher3333 May 20 '26

The funding agreement does not guarantee compensation. They will collect your firearms and only once the firearm is collected, they will decide if you will be compensated. If the SCC rules in our favour, there’s absolutely no way you get compensated. You are rolling the dice twice essentially

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u/iTzDusty May 20 '26

You have anything to back up your claims? The pilot in Nova Scotia was laughable but everyone did get paid. Sorry you still don't understand that the guy who got paid $500 for his AR that everyone keeps bringing up was purely because his AR was registered as receiver only, so they only paid him for the lower receiver. This was made explicitly clear during my submission as one of my ARs is registered as frame only and thus I was only entitled to $500 as opposed to $1600 for the full firearm.

You guys can dream all you want that anyone who participated in the buyback is going to get zero dollars. I'll take my money and buy a Carmel.

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u/RDasher3333 May 20 '26

I actually researched it prior to my comment. You cannot participate in the collection without completing the funding agreement. However, collection does not guarantee compensation. After the collection, the firearms will be sent out to be validated and payments may be sent out 45 days after validation. I don’t believe they have disclosed anything about the validation process and the time it will take. Also, since most police organizations refused to pay for the collection out of their own budget, the extra money that the feds will have to spend to collect the guns and do the validation will most likely be taken out of the compensation fund. As for the SCC decision, there is 0 chance they will pay people for now legal firearms.

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u/iTzDusty May 20 '26

Great. I'll be sure to let you know once I get paid how wrong all of you were. Nobody who has a signed funding agreement and submits their firearm will be short changed. Everyone that keeps commenting on this hasn't participated in the program. I know exactly how the process works, they are verifying the firearms offsite because the collection teams are civilians from public safety that don't know jack about firearms. Police at the detachments are getting paid OT to provide security for the collection teams. No one is going to be getting stiffed.

The SCC case is irrelevant, uphill battle against a stacked SCC. If the CCFR wins, great, I have some former non-restricteds that I didn't submit and get to use again. If they don't, I still have them. Formr Restricteds don't have that luxury.

It's incredibly easy for you and rest of the redditors that have had their PALs for a few years to yell from the sidelines when you have negligible skin in the game.