Alberta will make its fuel tax relief program permanent next year

Alberta will make fuel tax relief program permanent next year.

Albertans will have some reprieve from high costs in the new year as the provincial government suspends the entire fuel tax for six months — and makes the fuel tax relief program permanent after that.

Alberta will make fuel tax relief program permanent next year.
Alberta will make fuel tax relief program permanent next year.

Under former premier Jason Kenney, the province suspended the fuel tax in the spring when gas prices rose to over $100 US per barrel. The tax was partially reinstated in October as oil prices relaxed.

Alberta Finance Minister Travis Toews announced that the entire 13 cents per litre on gasoline and diesel will be lifted beginning Jan. 1 until June.

“Alberta’s economy has recovered strongly, but Albertans are struggling to heat their homes and feed their families and we want to help. These are meaningful savings that will have a real impact on Albertans’ finances,” Toews said in a statement.

“Reducing the cost of fuel benefits all Alberta drivers. It becomes more affordable to transport goods and products, to go to work and visit loved ones, to run errands and drive children to school.”

Practically speaking, Toews said the announcement means Albertans filling up their pick-up truck once a week would save an average of $440 over the next six months. Those driving a car or SUV would save anywhere from $160 to just over $300.

The province will also make the program of providing fuel tax relief based on the price of West Texas Intermediate (WTI) oil permanent beginning July 1.

“Since April of this year, when we first implemented the fuel tax relief program, Albertans have seen about $850 million in fuel tax savings,” Toews said.

“The measure is just one of a number we’ve brought forward to help Albertans deal with the higher cost of living. It’s relief we’re able to provide thanks to our strong fiscal situation, which is helping us fulfil our commitment to make life more affordable.”

Share this story

Donate now to keep us on the front lines:

Help Keep your News Free

It's crucial we stay in touch

Big Tech wants to censor us, that’s why you need to stay in touch.

[wpp limit=6 order_by='views']

YOU MIGHT ALSO LIKE THESE...

Trending News

According to unnamed figures close to the President-elect, Trump may be trying to resurrect the Keystone XL pipeline.

Walid Tamtam

November 22, 2024

Trending News

Over the past two years, twenty (20) individuals in Canada have been arrested over ISIS-related charges. 

Mike Campbell

November 18, 2024

Trending News

Canadians are calling on the Poilievre Conservatives to create a Canadian-DOGE. Here’s what the Conservatives are saying.

Mike Campbell

November 15, 2024

Trending News

Following Donald Trump’s election win, Alberta Premier Danielle Smith is planning to attend the inauguration of the 47th president of the United States in Washington D.C..

Keean Bexte

November 15, 2024

Trending News

By the end of this year, about 18,000 foreign students will have claimed they are refugees, given free housing and food from Canadian taxpayers.

Mike Campbell

November 14, 2024

Trending News

AHS tries to vaccinate child at school despite parental refusal

Alexa Posa

November 13, 2024

Want to join the conversation?

Sign up now to be able to like, comment and reply to other members. A full membership to our site includes:

We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. You consent to our cookies if you continue to use our website.