🚨 Important Update from 416Vapes 🚨

NEW EXCISE TAX 

What is it?

The Canadian federal government introduced an excise tax on October 1st, 2022, that requires every e-liquid bottle or pre-filled pod sold within Canada to be excise-duty stamped (similar to the excise stickers found on tobacco and cannabis products).

When the government drafted that regulation, they allowed each province to also "piggyback" and collect excise duty on behalf of each province if the province wished to opt in.

Starting July 1st, 2024, the following provinces will also be collecting an excise duty on all vapeable vaping products (E-Liquid, Disposables, Pre-Filled Pods)

  • Ontario
  • Quebec
  • Northwest Territories
  • Nunavut

Starting on January 1st, 2025, the following provinces will also be collecting an excise duty on all vapeable vaping products (E-Liquid, Disposables, Pre-Filled Pods) 

  • Alberta
  • Manitoba
  • New Brunswick
  • Prince Edward Island
  • Yukon

 

How much is it?

In addition to the addition of provincial duty, the 2024 finance budget also introduced a 12% increase in the general duty rate.

The provincial excise duty rate is identical to the federal rate, effectively doubling the excise duty in the provinces that have opted in.

  • $1.12 per 2mL on the first 10mL of e-liquid (or pod, or disposable) (effectively, $5.60 on the first 10mL of a bottle)
  • $1.12 per 10mL above the first 10mL

This effectively adds $7.84 (Federally) + $7.84 (Provincially) in tax on a 30mL bottle, $11.20 (Federally) + $11.20 (Provincially) on a 60mL bottle, $15.68 (Federally) + $15.68 (Provincially) on a 100mL bottle

Bottle Size  Federal Excise Tax Per Bottle Provincial Excise Tax Per Bottle Total Excise Tax Per Bottle
30mL + $7.84 + $7.84 + $15.68
60mL + $11.20 + $11.20 + $22.40
100mL + $15.68 + $15.68 + $31.36

 

When does it start?

Manufacturers must add provincial stamps to products as of July 1st, 2024. Prices are subject to change as we sell out of Federal Excise products and restock with the new Federal/Provincial Excise Products until Sept 30th, 2024.  

 

Warm regards,

The 416Vapes Team