Alberta’s Fuel Tax Relief Program will not be ending in June.
The Alberta government says Albertans will continue to benefit from the program after June 2023 based on the average price of oil.
The Fuel Tax Relief program was first introduced on April 1, 2022 and is designed to provide savings on a graduated scale. It is reviewed quarterly and remains in effect as long as the average price of WTI is above US$79.99 per barrel.
Fuel Tax Relief collection
- +$90 WTI – Collection paused (0 cents/litre)
- $85-$89.99 – Partial Collection (4.5 cents/litre)
- $80 – $84.99 – Partial Collection (9 cents/litre)
- $79.99 – Full Collection (13 cents/litre)
As of Dec. 31, 2022, the program provided Albertans with an estimated $850 million dollars in fuel tax relief. That was with a 4.5 cent/litre tax in place for the last quarter.
On Jan. 1, 2023 the government announced a full lifting of the 13.6 cent per litre provincial fuel tax on gasoline and diesel until June 30. Estimated savings for someone driving a car is $163 over six months, and $444 for someone driving a truck over the same time period.
These measures have made it possible for Alberta to have some of the lowest gas prices in Canada.
The provincial government is committed to making life more affordable for all Albertans through the Affordability Action Plan.
Find out more about actions the government is taking on affordability at www.alberta.ca/affordability.
Red Deer-North constituents with questions, comments, or concerns can reach out to the local constituency office via the contact page.