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.