The Alberta government is temporarily ending the collection of its 13-cent-a-litre gas tax as of April 1 in an attempt to help Albertans dealing with increasing fuel costs.
Premier Jason Kenney announced Monday that the fuel tax, which covers both gasoline and diesel, will be paused when the price of West Texas Intermediate (WTI) oil is more US$90/barrel. When the price of WTI is less than $80/barrel the fuel tax will be put back in place.
WTI was hovering above $118/barrel Monday.
Kenney also announced that almost all families will also receive a $150 rebate applied directly to their electricity bill. That rebate will come “as soon as possible” Kenney said, after the government passes the required legislation.
The average price of gas in Alberta sat at $1.56.7/litre Monday morning, up nearly 44 cents from last year’s average…read more.