The Government of Alberta has voted to extend the fuel tax pause until December 31, 2023.
The pause on the fuel tax saves drivers 13 cents per litre, which averages of between $6 and $18 every time they fill their vehicle.
The fuel tax pause was first introduced in April 2022 and taxes were paused again in January of this year to help with rising inflation.
The government says Albertans have saved $1.5 billion and they believe extending the pause will save another $520 million.
“We are committed to keeping life affordable for Alberta families. Saving Albertans money when they fill up is Step 1 of this commitment,” said Premier Danielle Smith.
“We will work every day to ensure that Alberta families can put more of their hard-earned money toward their essential needs.”
Alberta’s oil price-based fuel tax relief program is expected to resume in 2024.
This program is based on the average price of West Texas Intermediate (WTI) crude oil.
When WTI prices are $90 or more, the fuel tax collection will be paused.
When the WTI prices fall below $80, the tax will be reinstated.
