UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10QSB

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934

                 For the quarterly period ended Sept. 30th 2003
                                                ---------------

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

            For the transition period from___________ to ____________

                      Commission file number ______________


                      FLEXIBLE SOLUTIONS INTERNATIONAL INC.
--------------------------------------------------------------------------------
        (Exact name of small business issuer as specified in its charter)


              NEVADA                                91-1922863
  (State or other jurisdiction          (IRS Employer Identification No.)
of incorporation or organization)


                 2614 Queenswood Dr. Victoria BC Canada V8N 1X5
--------------------------------------------------------------------------------
                    (Address of principal executive offices)


                               ( 250 ) 477 - 9969
--------------------------------------------------------------------------------
                           (Issuer's telephone number)



              (Former name, former address and former fiscal year
                         if changed since last report)


                APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY
                   PROCEEDINGS DURING THE PRECEDING FIVE YEARS

Check whether the registrant filed all documents and reports required to be
filed by Section 12,13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes[ ] No[ ]

                      APPLICABLE ONLY TO CORPORATE ISSUERS

State the number of shares outstanding of each of the issuer's classes of common
equity, as of the latest practicable date: Common stock $.001 par value
11,792,916 shares as of Sept. 30th 2003.   ----------------------------
----------------------------------------



Transitional Small Business Disclosure Format (Check one): Yes [ ] No [X]
<PAGE>
                         PART 1 - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS.

FLEXIBLE SOLUTIONS INTERNATIONAL INC.
CONSOLIDATED BALANCE SHEETS
SEPTEMBER 30TH 2003
(UNAUDITED - U.S. DOLLARS)

<TABLE>
<CAPTION>
===============================================================================================
                                                               SEPTEMBER 30       DECEMBER 31
                                                                   2003               2002
-----------------------------------------------------------------------------------------------

Assets

CURRENT
<S>                                                                <C>               <C>
  Cash and cash equivalents                                        $ 141,435         $ 556,789
  Short term investments                                           5,206,178         5,062,495
  Accounts receivable                                                226,218            55,222
  Income tax receivable                                               58,000           118,014
  Loan receivable                                                     11,909            10,082
  Inventory                                                          227,292           203,830
  Prepaid expenses                                                    52,636            87,321
-----------------------------------------------------------------------------------------------

                                                                   5,923,670         6,093,753
PROPERTY AND EQUIPMENT                                               153,275           128,566
INVESTMENT                                                           310,125            32,500
-----------------------------------------------------------------------------------------------

                                                                 $ 6,387,070       $ 6,254,819
===============================================================================================

LIABILITIES

CURRENT
  Accounts payable and accrued liabilities                          $ 65,942          $ 53,146
-----------------------------------------------------------------------------------------------


STOCKHOLDERS' EQUITY

CAPITAL STOCK
Authorized
  50,000,000 Common shares with a par value of $0.001 each
   1,000,000 Preferred shares with a par value of $0.01 each
Issued and Outstanding
  11,792,916 (2002: 11,570,916) common shares                         11,793            11,570
CAPITAL IN EXCESS OF PAR VALUE                                     9,729,483         9,328,648
SHARE SUBSCRIPTION RECEIVABLE                                        (13,217)          (16,217)
OTHER COMPREHENSIVE INCOME (LOSS)                                     33,068           (21,354)
DEFICIT                                                           (3,440,000)       (3,100,974)
-----------------------------------------------------------------------------------------------

TOTAL STOCKHOLDER'S EQUITY                                         6,321,128         6,201,673
-----------------------------------------------------------------------------------------------

TOTAL LIABILITIES AND STOCKHOLDER'S EQUITY                       $ 6,387,070       $ 6,254,819
===============================================================================================
</TABLE>
<PAGE>
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
THREE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
(UNAUDITED - U.S. DOLLARS)

================================================================================
                                                 THREE MONTHS ENDED SEPTEMBER 30
--------------------------------------------------------------------------------
                                                          2003            2002
--------------------------------------------------------------------------------

SALES                                                  $ 40,009        $ 55,257
COST OF SALES                                            34,944          54,782
--------------------------------------------------------------------------------

GROSS PROFIT                                              5,064             475
--------------------------------------------------------------------------------

OPERATING EXPENSES
  Wages                                                  74,786          28,880
  Administrative salaries and benefits                   20,783           5,202
  Advertising and promotion                              31,757           8,976
  Investor relations and transfer agent fee              51,606          15,510
  Office and miscellaneous                               24,559           7,922
  Rent                                                   11,601          16,788
  Consulting                                             39,572       2,711,958
  Professional fees                                      45,270          37,478
  Travel                                                 41,611          13,608
  Telecommunications                                     11,976           2,124
  Shipping                                                6,409           3,462
  Research                                               41,594
  Bad debt expense (recovery)                               822               1
  Currency exchange                                     (42,172)          4,797
  Utilities                                               3,711           1,953
  Depreciation                                            8,841           6,390
--------------------------------------------------------------------------------

                                                        372,725       2,865,049
--------------------------------------------------------------------------------

INCOME (LOSS) BEFORE INTEREST INCOME AND INCOME TAX    (367,660)     (2,864,574)
INTEREST INCOME                                        50949.58          15,221
--------------------------------------------------------------------------------

INCOME (LOSS) BEFORE INCOME TAX                        (316,711)     (2,849,353)
INCOME TAX (RECOVERY)                                   (26,457)        (43,343)
--------------------------------------------------------------------------------

NET INCOME (LOSS)                                      (290,254)    $(2,806,010)
--------------------------------------------------------------------------------

NET INCOME (LOSS) PER SHARE                             $ -0.02         $ -0.25
================================================================================

WEIGHTED AVERAGE NUMBER OF SHARES                    11,791,612      11,448,128
================================================================================




<PAGE>
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
(UNAUDITED - U.S. DOLLARS)

===============================================================================
                                                 NINE MONTHS ENDED SEPTEMBER 30
-------------------------------------------------------------------------------
                                                         2003           2002
-------------------------------------------------------------------------------

SALES                                               $ 1,982,571    $ 1,089,164
COST OF SALES                                         1,130,293        594,041
-------------------------------------------------------------------------------

GROSS PROFIT                                            852,277        495,123
-------------------------------------------------------------------------------

OPERATING EXPENSES
  Wages                                                 408,658        248,933
  Administrative salaries and benefits                   60,258         77,228
  Advertising and promotion                              60,915         37,739
  Investor relations and transfer agent fee             120,273         41,156
  Office and miscellaneous                               59,334         23,204
  Rent                                                   49,153         46,356
  Consulting                                            122,223      2,760,275
  Professional fees                                     173,143         67,283
  Travel                                                120,030         24,023
  Telecommunications                                     36,576          7,074
  Shipping                                               14,687          9,087
  Research                                               61,298              -
  Bad debt expense (recovery)                               822           (350)
  Currency exchange                                      20,787         20,205
  Utilities                                              13,938          4,159
  Depreciation                                           24,768         15,335
-------------------------------------------------------------------------------

                                                      1,346,862      3,381,707
-------------------------------------------------------------------------------

INCOME (LOSS) BEFORE INTEREST INCOME AND INCOME TAX    (494,584)    (2,886,584)
INTEREST INCOME                                         155,196         15,221
-------------------------------------------------------------------------------

INCOME (LOSS) BEFORE INCOME TAX                        (339,389)    (2,871,363)
INCOME TAX LOSS (RECOVERY)                                 (363)             -
-------------------------------------------------------------------------------

NET INCOME (LOSS)                                      (339,026)    (2,871,363)
-------------------------------------------------------------------------------

NET INCOME (LOSS) PER SHARE                             $ -0.03        $ -0.27
===============================================================================

WEIGHTED AVERAGE NUMBER OF SHARES                    11,715,619     10,555,256
===============================================================================



<PAGE>
FLEXIBLE SOLUTIONS INTERNATIONAL INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2003 AND 2002
(UNAUDITED - U.S. DOLLARS)
<TABLE>
<CAPTION>
=========================================================================================
                                                           NINE MONTHS ENDED SEPTEMBER 30
                                                                2003             2002
-----------------------------------------------------------------------------------------
<S>                                                         <C>             <C>
OPERATING ACTIVITIES
  Net income (loss)                                         $ (339,026)     $ (2,871,363)
  Stock compensation expense                                    68,998         2,844,758
  Depreciation                                                  24,768            15,335
Changes in non-cash working capital items:
  Accounts receivable                                         (170,996)          (29,045)
  Inventory                                                    (23,462)           18,505
  Prepaid expenses                                              34,685            39,803
  Accounts payable                                              12,796            11,014
  Income tax receivable                                         60,014           (90,406)
-----------------------------------------------------------------------------------------

CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES               (332,223)          (61,399)
-----------------------------------------------------------------------------------------

INVESTING ACTIVITIES
  Acquisition of property and equipment                        (49,477)          (54,299)
  Purchase of short-term investments                          (143,683)            9,225
  Acquisition of investments                                  (277,625)
  Loan receivable                                               (1,827)              (69)
-----------------------------------------------------------------------------------------

CASH USED IN INVESTING ACTIVITIES                             (472,613)          (45,143)
-----------------------------------------------------------------------------------------

FINANCING ACTIVITY
  Proceeds from issuance of common stock                       401,058         5,867,600
  Subscriptions received                                         3,000            13,010
-----------------------------------------------------------------------------------------

CASH PROVIDED BY FINANCING ACTIVITIES                          404,059         5,880,610
-----------------------------------------------------------------------------------------

Effect of exchange rate changes on cash                        (14,576)            4,921
-----------------------------------------------------------------------------------------

INFLOW (OUTFLOW) OF CASH                                      (415,354)        5,778,989
Cash and cash equivalents, beginning of period                 556,789           190,457
-----------------------------------------------------------------------------------------

CASH AND CASH EQUIVALENTS, END OF PERIOD                    $  141,435      $  5,969,446
=========================================================================================

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
  Income taxes paid                                         $   58,000      $     74,067
  Interest received                                            155,196            15,221
=========================================================================================

SUPPLEMENTAL DISCLOSURE OF NON-CASH TRANSACTIONS:
  Issue of common stock for investment (2002 - services)    $  271,000      $     44,400
=========================================================================================
</TABLE>
<PAGE>
         FLEXIBLE SOLUTIONS INTERNATIONAL INC.
         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
         PERIODS ENDED SEPTEMBER 30
         (U.S. DOLLARS)
         (UNAUDITED)
--------------------------------------------------------------------------------

         1.       BASIS OF PRESENTATION

                  These unaudited consolidated financial statements have been
                  prepared in accordance with generally accepted accounting
                  principles in the United States for interim financial
                  information. These financial statements are condensed and do
                  not include all disclosures required for annual financial
                  statements. The organization and business of the Company,
                  accounting policies followed by the Company and other
                  information are contained in the notes to the Company's
                  audited consolidated financial statements filed as part of the
                  Company's December 31, 2002 Form 10-KSB.

                  In the opinion of the Company's management, these consolidated
                  financial statements reflect all adjustments necessary to
                  present fairly the Company's consolidated financial position
                  at September 30, 2003 and the consolidated results of
                  operations and the consolidated statements of cash flows for
                  the nine months ended September 30, 2003 and 2002. The results
                  of operations for the three months ended September 30, 2003
                  are not necessarily indicative of the results to be expected
                  for the entire fiscal year.

         2.       STOCKHOLDERS' EQUITY

                  (a)      During the prior period, the Company granted 30,000
                           stock options to consultants and have recognized
                           consulting expense applying SFAS 123 using the
                           Black-Scholes option pricing model which resulted in
                           expense of $12,407 for the three months ended
                           September 30, 2003.

                  (b)      The following table summarizes the Company's stock
                           option activity for the period:

--------------------------------------------------------------------------------
                                      2003
                                                                      Weighted
                                                  Exercise             Average
                                 Number              Price            Exercise
                               of Shares         Per Share              Price
--------------------------------------------------------------------------------

Balance, March 31, 2003        3,620,800      $ 0.25 to $ 5.50          $ 3.79
Granted During the Period          2,000           $ 4.25                 4.25
Exercised                         (5,000)     $ 0.25 to $ 2.28           (1.40)
--------------------------------------------------------------------------------
Balance, June 30, 2003         3,617,800      $ 0.25 to $ 5.50          $ 3.81
--------------------------------------------------------------------------------

                  (c)      Share subscription receivable represents amount due
                           for stock purchased on exercise of options on June
                           30, 2002.
<PAGE>
         FLEXIBLE SOLUTIONS INTERNATIONAL INC.
         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
         PERIODS ENDED SEPTEMBER 30
         (U.S. DOLLARS)
         (UNAUDITED)
--------------------------------------------------------------------------------

         3.       SUBSEQUENT EVENTS

                  On October 9, 2003, the Company announced the modification of
                  the marketing agreement with Ondeo Nalco. Ondeo Nalco fell
                  short of sales targets to maintain exclusive distributorship
                  of WATER$AVR, opening other avenues for the company to pursue
                  key markets internally. This resulted in the return of two
                  million incentive stock options, which will be accounted for
                  in the next quarter.












































<PAGE>
ITEM 2. MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
        OF OPERATIONS

The following information contains certain forward looking statements that
anticipate future trends or events. These statements are based on certain
assumptions that may prove to be erroneous and are subject to certain risks
including but not limited to the risks of increased competition in the Company's
industry and other risks detailed in the Company's Securities and Exchange
Commission filings. Accordingly, actual results may differ, possibly materially,
from the predictions contained herein.

For the three months ended Sept. 30th 2003, the Company experienced a loss of
$290,254 as compared to a loss of $2,806,010 for the three months ended Sept.
30th 2002. As in the quarter ending Sept. 30th 2002, the end of the Northeastern
USA pool season reduces demand for our products in the usual cyclical manner and
resulted in very low production requirements in 3rd quarter and revenue of
$40,009 compared to $55,257 in the year earlier quarter. In addition, the
Company increased expenditures in the areas of WATER$AVR sales and marketing and
production equipment development. Finally, the Company produced the correct
amount of product in Q-1 and Q-2 2003 as a percentage of annual sales and
therefore did not have to carry high production rates into Q-3 2003.

RESULTS OF OPERATIONS

Reference is made to Item 2, "Management's Discussion and Analysis" included in
the Company's registration statement on Form 10-SB for the year ended December
31st 1999, as amended, and the Company's 10K-SB for the years ended Dec. 31st
2000 and 2001 on file with the Securities and Exchange Commission. The following
analysis and discussion pertains to the Company's results of operations for the
three month and nine month periods ended Sept. 30th 2003, compared to the
results of operations for the three month and nine month periods ended Sept.
30th 2002, and to changes in the Company's financial condition from December
31st 2002 to Sept. 30th 2003.

THREE MONTHS ENDED SEPT. 30TH 2003 AND 2002

For the third quarter of the current fiscal year ending Sept. 30th 2003, sales
were $40,009 compared to $55,257 for the same quarter of the previous year. This
essentially flat sales result was expected since third quarter is our slowest
every year, a situation that is expected to continue because most sales to the
residential pool market are completed by the end of second quarter each year.

Operating expenses were $372,725 for the third quarter, down from $2,865,049 for
the third quarter of last year. The decrease is as a result of non-recurrence of
a non-cash expense ($2,704,000) to account for options granted to Ondeo Nalco
Company. Flexible Solutions continued increased spending on sales and marketing
for Water$avr and development of advanced production machinery. The largest real
increases were in the areas of wages ($74,786 versus $28,880), advertising and
promotion, ($31,757 from $8,976), investor relations and transfer agent ($51,606
from $15,510), travel ($41,611 from $13,608) and research from $nil to $41,594.
These increases were primarily related to promoting, developing and marketing
the new Water$avr products. Additional personnel were hired for these purposes
and travel increased in line with the personnel in order to promote the products
throughout North America and around the world.

The loss for the quarter was $290,254, a huge decrease from third quarter last
year when the loss was $2,806,010. The decreased loss was almost all related to
non-cash option expenses. Cost of sales decreased to 87% from 99% as a result of
lower sales with a concurrent larger reduction in costs.

The loss per share was $0.02 for the three months ended Sept. 30th 2003 compared
to a loss of $0.25 for the three months ended Sept. 30th 2002.
<PAGE>
NINE MONTHS ENDED SEPT. 30TH 2003 AND 2002

Sales in the nine months ended Sept. 30th 2003 were $1,982,571 compared to
$1,089,164 for the nine months ended Sept. 30th 2002. The 82% increase was a
result of the increase in sales in our swimming pool division in the first two
quarters combined with the first significant sales from the drinking water
product, "Water$avr".

Operating expenses for the Company were $1,346,662 for the nine months ended
Sept. 30th 2003 down from $3,381,707 for the nine months ended Sept. 30th 2002.
The nine months ended Sept. 30th 2002 included a non-cash charge of $2,704,000
for expensing consultant options. The cash increase in operating expenses were
as a result of increases in sales and marketing costs for Water$avr.

The net income for the nine months ended Sept. 30th 2003 was ($339,026) compared
to a net income of ($2,871,363) for the nine months ended Sept. 30th 2002. The
cash flow from operations decreased substantially from ($61,399 to ($332,223) as
costs related to the sales and marketing of Water$avr increased.
The loss per share was $0.03 for the nine-month period ended Sept. 30th 2003
compared to a loss of $0.27 for the nine-month period ended Sept. 30th 2002.

LIQUIDITY AND CAPITAL RESOURCES

The Company has cash on hand of $5,347,613 as of the end of the quarter.

As of Sept. 30th 2003 the Company had working capital of $5,857,728 as compared
to working capital of $6,040,607 on Dec 31st 2002. The decrease was a result of
operational costs incurred to market Water$avr during the 9 months ended Sept
30th 2003.

The Company has no external sources of liquidity in the form of credit lines
from banks.
Management believes that its available cash will be sufficient to fund the
Company's working capital requirements through December 31st 2004. Management
further believes that available cash will be sufficient to implement the
Company's expansion plans. No investment banking agreements are in place and
there is no guarantee that the Company will be able to raise capital in the
future should that become necessary.


ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS:

The Company does not have any derivative financial instruments as of Sept. 30th
2003. However, the Company is exposed to interest rate risk.

The Company's interest income and expense are most sensitive to changes in the
general level of U.S. and Canadian interest rates. In this regard, changes in
U.S. and Canadian interest rates affect the interest paid on the Company's cash
equivalents as well as the interest paid on debt.


FOREIGN CURRENCY RISK

The Company operates primarily in Canada. Therefore, the Company's business and
financial condition is sensitive to currency exchange rates or any other
restriction imposed on its currency.



<PAGE>
                           PART II - OTHER INFORMATION

ITEM 1.  LEGAL PROCEEDINGS - None

ITEM 2.  CHANGES IN SECURITIES
               - 2000 options were granted to an employee during the period.
               - 5,000 options were exercised by an employee during the
                 period for proceeds to the Company of $7,000.

ITEM 3.  DEFAULT UPON SENIOR SECURITIES - None

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS - None

ITEM 5.  OTHER INFORMATION - None

ITEM 6.  (a) EXHIBITS
                 31    Certification pursuant to Rule 13a-14(a)/15d-14(a)
                 32    Certification pursuant to 18 U.S.C. SS. 1350

         (b) Reports on Form 8-K
                 July 10th 2003
                 Aug 5th 2003

ITEM 14. CONTROLS AND PROCEDURES
                The Company maintains disclosure controls and procedures
                that are designed to ensure that information required to be
                disclosed in the Company's Exchange Act reports is recorded,
                processed, summarized and reported within the time periods
                specified in the SEC's rules and forms, and that such
                information is accumulated and communicated to the Company's
                management, including its Chief Executive Officer and Chief
                Financial Officer, as appropriate, to allow timely decisions
                regarding required disclosure based closely on the
                definition of "disclosure controls and procedures" in Rule
                13a-14(c). In designing and evaluating the disclosure
                controls and procedures, management recognized that any
                controls and procedures, no matter how well designed and
                operated, can provide only reasonable assurance of achieving
                the desired control objectives, and management necessarily
                was required to apply its judgment in evaluating the
                cost-benefit relationship of possible controls and
                procedures.

                Within 90 days prior to the date of this report, the Company
                carried out an evaluation, under the supervision and with
                the participation of the Company's management, including the
                Company's Chief Executive Officer and the Company's Chief
                Financial Officer, of the effectiveness of the design and
                operation of the Company's disclosure controls and
                procedures. Based on the foregoing, the Company's Chief
                Executive Officer and Chief Financial Officer concluded that
                the Company's disclosure controls and procedures were
                effective.

                There have been no significant changes in the Company's
                internal controls or in other factors that could
                significantly affect the internal controls subsequent to the
                date the Company completed its evaluation.

<PAGE>

                                   SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the
    registrant has duly caused this report to be signed on its behalf by the
    undersigned, thereunto duly authorized.

                                        FLEXIBLE SOLUTIONS INTERNATIONAL INC.
                                        (Registrant)

Dated: November 14th 2003               /s/ DAN O'BRIEN
       ------------------               ---------------------------------------
                                        Dan O'Brien, President and Director