Some Saskatchewan vape store owners upset over new 20 per cent tax on products

Date:

Vape store owners in the province aren’t thrilled after Saskatchewan introduced a new tax on vape products in its 2021-22 budget Tuesday.

The vapour products tax (VPT) is a 20 per cent tax on the retail price of all vapour liquids, products and devices effective Sept. 1.

As of that date, the province said only retailers with a VDT licence are allowed to sell those products.

“It wasn’t a surprise. We kind of expected it to happen based on other provinces implementing a similar tax,” said Mike Smider, Queen City Vapes owner in Regina.

“It was only a matter of time before other provinces followed suit, like Alberta is getting their tax. Manitoba’s going to get one as well.”

He said the most upsetting part of the tax is the impact it will have on those choosing to use vape products over tobacco.

“It will deter in some way folks that are interested in this product to utilize as a harm reduction product,” Smider said.

Read full article here.

Jonathan Guignard – Global News – 2021-04-07.

Want More Investigative Content?

Curate RegWatch
Curate RegWatchhttps://regulatorwatch.com
In addition to our original coverage, RegWatch curates top stories on issues and impacts arising from the regulation of economic, social and environmental activity in Canada and the U.S.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

MORE VAPING

Real Threat | Health Minister Unravels Canada’s Tobacco Strategy | RegWatch

Canadian Federal Health Minister Mark Holland is launching a crusade against safer nicotine products, driven by the uncompromising stance of non-profit health groups vehemently...

Vaping Coverage Get it NOW!

Sign Up for Incisive Content!

RegWatch original video is designed to move opinion. Get our videos first and be the first to share.

Your Information will never be shared with any third party