Regulatory Initiative: Draft Regulations Making the Excise Duties on Vaping Products Regulations and Amending Various Regulations Relating to Excise Duties – Forward Regulatory Plan 2023-2025
Title or working title of the regulatory initiative:
Draft Regulations Making the Excise Duties on Vaping Products Regulations and Amending Various Regulations Relating to Excise Duties
Description of the objective:
On December 20, 2023, the government released draft regulations on implementing provincial components of the vaping excise duty in jurisdictions that entered into a coordinated taxation agreement with the federal government (Ontario, Québec, Northwest Territories, and Nunavut).
Indication of business impacts:
The Small Business Lens is not expected to apply.
Public consultation opportunities:
Canadians were consulted on the draft regulatory proposals as part of a consultation announced by news release on December 20, 2023. Interested parties were invited to provide comments on the proposals by February 5, 2024.
The news release for the consultation, along with the draft regulatory proposals, is available on the Finance Canada website.
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