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The footage showed Bance, who was working as a home repair technician, urinate into a customer's coffee cup before dumping the liquid into the kitchen sink he was supposed to be repairing. The hidden cameras were planted as part of a Marketplace exposé on repairmen overcharging customers for simple repairs.
Conservative spokesman Stephen Lecce said in an email to CBC News that Bance "is no longer a candidate."
Bance, whose scandal was dubbed "#peegate" on social media, said in a statement Sunday "the footage from that day does not reflect who I am as a professional or a person."
"I deeply regret my actions on that day," he said.
Tom Mulcair, leader of the rival New Democratic Party, quipped Bance "must be someone who's adept at Stephen Harper's trickle-down theory of economics."
Conservative Leader Stephen Harper addressed the exits of Bance and fellow Toronto-area candidate Tim Dutaud, whose candidacy came to an end when a YouTube video emerged of him making prank phone calls and derogatory statements about people with disabilities.
"What this says is that we keep the highest standards for candidates and that these two individuals are no longer candidates," he said.