PETERS: Province turns to a tried and true method to curb youth vaping — a sin tax
ONE OF THE VANGUARDS of public policy is that if you don’t want the public to do something, you tax it.
That’s why it was no surprise to see a big tax hike to vaping products as part of the province’s youth vaping strategy announced this week.
The provincial sales tax rate on vape products will increase from seven per cent to 20 per cent, and BC will be the first province to have a tax specific to vape products.