cover image: IM-Irvine_2024_0209.pub

IM-Irvine_2024_0209.pub

8 Feb 2024

Unsurprisingly, the provinces now want a piece of the pie and several are seeking to match the federal levy. [...] By doubling this tax with a provincial equivalent (on a product that sells pre-tax for between $15 and $20) the ultimate price will be between 90 and 120 percent higher: A $14 excise levy on a $20 product plus sales tax of 13 percent results in a price of $38.42, making for a 92-percent tax rate. [...] We need the provinces to realize, and Health Canada to inform the public in an unambiguous way of the relative risks of different nicotine delivery systems. [...] As it is, Ottawa imposed a heavy tax on a low-risk product and invited the provinces to do the same. [...] Would that be so bad if it reined in illegality and incentivized nicotine users to stay away from combustibles? While the prospect of extraordinary taxes on vaping is the most urgent issue on the nicotine taxation agenda, Canada must also confront the question of how it will tax heat-not-burn products in a risk-proportionate manner, and also how it will tax modern oral products that carry more tha.

Authors

yang

Pages
1
Published in
Canada