Alberta to provide relief from high fuel and utility prices

“We’ve heard Albertans’ concerns about the rising cost of living loud and clear. While the federal government is set to increase the carbon tax April 1, Alberta’s government is taking the opposite approach and stepping up to offer relief. Stopping the provincial fuel tax puts money back in the pockets of Albertans when they need it most.”

The province will also provide $150 in electricity rebates to help Albertans pay for utilities.

A release from the province states that “More than one million homes, farms and businesses are expected to receive a $50 monthly rebate for three months. These retroactive rebates will help defray the high costs that many families and businesses paid in recent months.”

Collection of the fuel tax will be paused for:

gasoline – $0.13 per litre
diesel – $0.13 per litre
marked gasoline and marked diesel – $0.04

Additionally, as GST applies to provincial fuel taxes, the 13-cent reduction will also see a reduction of the GST by 0.65 cents per litre.

“Alberta’s fuel tax is reported and remitted by refiners and large wholesalers and included in the price Albertans pay at the pump. The government will provide information for stakeholders, including fuel retailers, on the fuel tax pause,” the release reads.

More information can be found at Alberta fuel tax overview.

by Connor Gunn

Alberta to provide relief from high fuel and utility prices

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