Province of Alberta Fuel tax relief: Minister Horner, released by Alberta on 21 March 2024 [Video]

Good day ladies and gentlemen, this is IRC news, I am Joy Stephen, a certified Canadian Immigration practitioner, and I bring to you this Provincial News Bulletin from the province of Alberta. This recording originates from the Polinsys studios in Cambridge, Ontario.

Two years ago, the Government of Alberta introduced the fuel tax relief program to help Albertans facing high prices at fuel pumps. Since then, the program has saved drivers more than $2 billion and helped slow the rise of inflation in our province.

“The fuel tax relief program is designed to save Albertans money when oil prices are high and bring in needed government revenue when oil prices drop. Since oil prices averaged below $80 per barrel during the most recent quarterly review period, the provincial fuel tax for gas and diesel will be 13 cents per litre starting April 1.

“Revenue from the provincial fuel tax helps fund the programs, services and infrastructure Albertans rely on every day. In 2024-25, fuel tax revenue is forecast at $1.4 billion, which will help fund everything from better roads to improved health care and more supports in the classroom to continue to meet the needs of our growing population.

“Albertans will continue to pay some of the lowest fuel prices in the country even after the fuel tax rate takes effect. As of mid-March, gas prices in Alberta remained 11 cents below the national average and were a full 22 cents lower than when we first announced the fuel tax relief program in March 2022.

You can always access past news from the Province of Alberta by visiting this link: https://myar.me/tag/ab/.

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