This just copied and the tax the province gets per carton lose tobacco and cigars.
Effective Friday, the province will raise Alberta’s tobacco tax by $5 to $55 per carton, with the goal of deterring tobacco use. The tax on loose tobacco will also rise 3.75 cents to 41.25 cents per gram and the tax rate applied to cigars will rise from 129 per cent to 142 per cent of the taxable price of the cigar. It’s estimated these adjustments will generate $45 to $55 million per year in additional revenue. The government also intends to implement a tax on vaping products “to reduce youth access to this rapidly growing market.” While details aren’t expected until next year’s budget, revenue from this tax likely won’t top $10 million per year.
Effective Friday, the province will raise Alberta’s tobacco tax by $5 to $55 per carton, with the goal of deterring tobacco use. The tax on loose tobacco will also rise 3.75 cents to 41.25 cents per gram and the tax rate applied to cigars will rise from 129 per cent to 142 per cent of the taxable price of the cigar. It’s estimated these adjustments will generate $45 to $55 million per year in additional revenue. The government also intends to implement a tax on vaping products “to reduce youth access to this rapidly growing market.” While details aren’t expected until next year’s budget, revenue from this tax likely won’t top $10 million per year.
