New Provincial Vape Tax in Ontario, Quebec, Nunavut & NWT
Starting October 1, 2024, a new Provincial Excise Vape Tax will be implemented in Ontario, Quebec, Nunavut, and the Northwest Territories. This tax will essentially double the current excise tax on vaping products in these provinces.
HOW THE NEW TAX AFFECTS PRICING:
LIQUID VOLUME
TOTAL TAX (FEDERAL + PROVINCIAL)
EXAMPLES
FIRST 10ML OF E-LIQUID
$ 2.24/ 2ML
6ML : $6.72 TAX
10ML : $11.20 TAX
EVERY 10ML OF E-LIQUID AFTER
$ 2.24/ 10ML
20ML : $13.44 TAX
30ML : $15.68 TAX
This new provincial tax will significantly increase the cost of vaping products in these regions. The RCMP will enforce this tax starting October 1, 2024, making it illegal to buy vape products without the provincial excise tax stamp in Ontario, Quebec, Nunavut, and the Northwest Territories.
What This Means for Consumers:
For example, an S-compatible Pod Pack (3x2ml) will now be subject to a total of $6.72 in vape taxes ($3.36 Federal Excise Tax + $3.36 Provincial Excise Tax).
Vape prices are expected to increase significantly, making it more costly for consumers in these provinces. It's advisable to stock up on products before the price hike on October 1, 2024.
Impact on the Vaping Community:
The tax increase comes after the Federal Government's recent plans to introduce a country-wide flavor ban, which was ultimately canceled after a petition gained significant support. However, this new tax might discourage vaping, potentially pushing some former smokers back to cigarettes or leading to the emergence of a black market.
CANADA’S VAPE TAX: MORE ON VAPE TAXES
In April 2021, the federal government announced its intention to impose a specific excise tax on vaping liquids, beginning in 2022, and in April 2022 legislation was introduced to put this into effect, with an implementation date of October 1, 2022.
All vapour products sold in Canada must have a tax stamp as of January 1, 2023.
All products that contain a vaping e-liquid, sold within Canada must be taxed. This includes disposable vapes, closed-pods, and e-liquid bottles. Products intended for vaping but that are sold separately from the vaping substance will not be taxed, this includes closed-pod devices, vape mods, charging cables, and other accessories.