The Parliamentary Budget Officer has done a partial analysis, and it could cost $756 million, but that's just a partial cost. That's only to reimburse gun owners. We have seen an analysis done by a professor at Simon Fraser University who says that the biggest cost hasn't even been factored in, and that's administration and staffing, which could add billions of dollars to the price tag.
Not only is it going to be expensive but we've also heard from the officers who are charged with protecting us on the front lines. The largest police union in Canada, the NPF, has said that the gun grab is not going to address the current and emerging themes or urgent threats to public safety, and even worse, the gun grab and buyback program could make Canada less safe, because it would be diverting resources from actually cracking down on crime to targeting law-abiding Canadian citizens.