"An important consideration in judging the potential benefit of a licensing system is its cost. Licensing systems are extremely expensive to administer as revealed by Canada's experience with its full licensing and registration system for all firearms, begun in December 1998.
The Canadian government originally estimated that the cost of licensing Canada's three million gun owners and registering their seven million guns would be $185 million [Canadian] over five years, including a one-time start-up cost of $85 million [Canadian].20 But, by March 2000, the Canadian Firearms Centre admitted that the system had already cost Canadian taxpayers $327 million [Canadian] and was running up an annual bill dramatically higher than the government's original forecast.
Using these figures as a baseline for America's arsenal of more than 65 million handguns (let alone its total gun arsenal of more than 190 million weapons), the estimated cost of such a system is staggering. In addition, when faced with such large sums dedicated to increasing public safety, inevitable questions will arise regarding whether such funds could be better spent placing more policemen on the street, upgrading law enforcement resources, or increasing support for other crime-related resources, such as domestic violence shelters."