Legislative Costing Note
Tobacco Taxation Increase
May 5, 2021
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This is an independent cost estimate of a budgetary measure contained in the federal government’s Budget 2021. A list of the PBO’s cost estimates of components of the Budget can be viewed on this page.
Increasing the tobacco excise duty rate by $4 per carton of 200 cigarettes, along with corresponding increases to the excise duty rates for other tobacco products.