Everything You Need to Know about The New Vape Tax in Ontario

    On July 1, 2024, Ontario introduced a Provincial Vaping Excise Tax that could significantly impact both vape consumers and businesses. What this news simply means is that starting October 1st, 2024, there is going to be a significant price increase on vape products. Here’s what you need to know about this new tax, how it works, and what it means for you.

About the Ontario Vaping Excise Tax

The new Ontario Vaping Excise Tax is designed to mirror the existing Federal Excise Tax on E-Liquids, meaning consumers will now face double taxation on vape products. Here’s the breakdown:

$1.12 per 2 mL for the first 10 mL of e-liquid. 

$1.12 per 10 mL for volumes above 10 mL.

For example, a 60 mL bottle of E-Liquid will now be subject to $22.40 in excise taxes, on top of the product's base price. This means significant price hikes for vape users, especially those purchasing larger E-Liquid bottles.

How Will This Impact Consumers?

The new tax will have an immediate impact on the price of all nicotine-containing vape products, whether you’re buying disposable vapes, pre-filled pods, or bottled e-liquid for refillable devices. Consumers can expect prices to rise steeply, which could force many to either cut back on their vaping or look for alternatives, such as nicotine-free products, which are not subject to the tax.

Tips to Ease the Tax Impact

As both retailers and consumers adjust to the new landscape, here are a few ways to ease the impact of the vaping excise tax:

Buy in bulk before September 1, 2024, to lock in pre-tax prices, there is limited inventory available so act fast.

Consider nicotine-free products, which aren’t subject to the excise tax.

Join our Newsletter, to be updated on our latest promotions and discounts, plus receiving exclusive discounts and promotions earlier than everyone else.