“We’re helping Albertans save money through the fuel tax relief program at a time of need. While fuel prices have continued to increase nationwide, Albertans still pay considerably less than their provincial neighbours. We’re pleased to extend this important relief measure until the end of September.”
With the fuel tax relief program in place, Albertans save money with every fill-up. With the corresponding reduction in GST, this amounts to total savings of about $6.80 per tank for a compact car (50 litres), $7.21 for a small SUV (53 litres), $12.65 for a mid-size SUV (93 litres), $18.50 for a large pickup truck (136 litres) and $185.50 for a semi-trailer (1,364 litres).
The government committed to evaluating the program quarterly and reinstating it in stages only if the average price of West Texas Intermediate (WTI) crude oil fell below $90 per barrel. For the four-week period ending June 15, WTI averaged $115.88 per barrel.
The government will re-evaluate the program in September.
“Countless Albertans have told us how much the program has helped them during these challenging economic times. With the program’s extension, Alberta’s government is continuing to support Albertans and their ability to afford everyday goods.”
Alberta’s government continues to call on Ottawa to consider similar consumer relief measures. If the Government of Canada paused the collection of both the federal carbon tax and the federal fuel tax while the price of WTI oil remained above $90 per barrel, drivers would save almost $22 more on every 100 litres of gasoline.