www.ocanova.ca

Last Update: March 10th, 2026

Vendors on the Ocanova platform do not pay commission or monthly fees for featuring their products on our website. Instead, the partnership between Ocanova (the Platform) and the Vendor is based on values defined below. Shopify manages the entire payment process. Ocanova never handles the funds, meaning we cannot delay, withhold, or reverse any payments. All control over transfers to Vendor accounts rests solely with Shopify.

1.     Platform Margin Values

·    Vendor Selling Price: This represents the wholesale price at which the vendor sells products to Ocanova. The vendor sets the wholesale price for every item featured on Ocanova, which is the exact amount Shopify will automatically disburse once an item has been sold and successfully shipped.

For example, if a product is sold at a retail price is $100 and the Vendor sets a 15% margin (Platform Profit Margin) for that specific product, the Vendor Selling Price to Ocanova is $85. The $85 payment will automatically be transferred to the Vendor’s Shopify Payments balance account via the Shopify ecosystem. The Platform Profit Margin ($15) will be sent to Ocanova’s Shopify Payments balance.

·    Platform Profit Margin: This is the percentage of the retail price that Ocanova retains when a sale is made. When applying to become an official Ocanova Vendor, Vendors offer Ocanova an average Platform Margin for all their products in exchange for product placement and premium visibility on our website. Each product can have a different Platform Profit Margin.

2.     Other Fees: Shipping fees determined by the Vendor will also be sent to the Vendor’s Shopify Payments balance account.

To simplify the Vendor’s experience, Ocanova covers all credit and debit card processing fees for customer sales made via Shopify Payments.

3.     Taxes: All transactions are subject to federal (GST) and provincial (PST) sale taxes, unless exempt from paying such taxes.

Ocanova acts as the seller of record; we collect sales tax directly from the customer at checkout and handle all remittances to the appropriate tax authorities.

For a detailed comprehension of the Vendor Fees, please visit Section 3.3 (Fees and Taxes) of the Vendor Contract and Terms of Service.