Excise Duty on Vaping Product - Vape Tax
In the 2024 budget the Government of Canada decided they are going to increase the Federal Excise Tax of vaping products by 12% starting July 1st, 2024.
In addition to that, they're also releasing a Provincial Excise Tax of 12% for the provinces of Ontario, Quebec, Nunavut and the Northwest Territories.
The total tax (Federal + Provincial) is $2.24 per 2mL for the first 10mL, and $2.24 per 10mL thereafter.
A 60mL bottle of vape juice will see an excise tax increase of $13.44, for a total of $22.40 in combined federal/provincial taxes.