Gun Control Industry Analysis

How is the industry regulated? The industry is regulated at both federal and provincial levels. At the federal level the industry is regulated by the Firearm Act and Part III of the Criminal Code. The Canadian Firearms Act “sets out the requirements for licensing and the process to be followed for applications, revocations and appeals. The Act also details the considerable powers of the provincial firearms officers (and their agents) to inspect gun storage, demand compliance and seize firearms” (Firearm Law Canada, n.d.). This Act is enforced by the Royal Canadian Mounted Police (RCMP), the RCMP has the power to seize any firearm that is not properly stored or registered. They also use the gun registry to keep check of all the registered firearms in Canada. On the other hand an individual, business owner or an employee in a firearm store must have a Possession and Acquisition License (PAL) to possess or transport a firearm. There are different requirement for the transportation of a firearm, it all depends on the class of the firearm.
Non- Restricted- the firearm must be unloaded.
Restricted- the person transporting the firearm must have an authorization to transport the firearm; it must be unloaded and locked with a
At that point in time an individual could be jailed for up to six month for possession of a hand gun (not license firearm) if found carrying the arm without reasonable cause to fear assault to life or property. Has years goes by laws and regulation pertaining to the possession of a firearm has changed, laws became more specific, stricter and are more enforced by the RCMP. With this being done it is harder for entrepreneurs (small business owners), individual (Gun Enthusiasts) and manufactures to have open access to fire arms. These groups can both be loser and winner of the regulations. Before any of the groups listed above is able to possess firearm harm there are step that they must go