REVscene Automotive Forum - View Single Post - Metro Vancouver gas prices could hit $1.54 a litre by the weekend: GasBuddy

Acura604 · 03-07-2022, 01:30 PM

https://www.cbc.ca/news/canada/edmon...tion-1.6375882

The Alberta government will help hard-hit consumers by pausing the collection of its 13-cent per litre provincial fuel tax on April 1, Premier Jason Kenney said Monday.

"This massive tax relief is a response to skyrocketing costs at the pump and is going to provide Albertans with the relief that they need when the cost of everything is going up," Kenney told a news conference.

"Albertans told us they needed relief from rising costs. We've heard them loud and clear. And that's why today we are taking this bold action to soften the blow of inflation, especially on the cost of energy."

The pause in tax collection will apply to gasoline and diesel fuel. The change also will apply to the four-cent per litre provincial fuel tax on marked gasoline and marked diesel.

The pause will remain in effect as long as the benchmark price for West Texas Intermediate (WTI) crude oil remains above $90 US per barrel, Kenney said. Collection of the provincial fuel tax would resume when WTI prices fall below $80 US, he said.

03-07-2022, 01:30 PM	#409
Acura604 RS has made me the bitter person i am today! Join Date: Apr 2001 Location: Vancouver Posts: 4,824 Thanked 3,020 Times in 789 Posts Failed 373 Times in 99 Posts Member's Picture Albums	https://www.cbc.ca/news/canada/edmon...tion-1.6375882 The Alberta government will help hard-hit consumers by pausing the collection of its 13-cent per litre provincial fuel tax on April 1, Premier Jason Kenney said Monday. "This massive tax relief is a response to skyrocketing costs at the pump and is going to provide Albertans with the relief that they need when the cost of everything is going up," Kenney told a news conference. "Albertans told us they needed relief from rising costs. We've heard them loud and clear. And that's why today we are taking this bold action to soften the blow of inflation, especially on the cost of energy." The pause in tax collection will apply to gasoline and diesel fuel. The change also will apply to the four-cent per litre provincial fuel tax on marked gasoline and marked diesel. The pause will remain in effect as long as the benchmark price for West Texas Intermediate (WTI) crude oil remains above $90 US per barrel, Kenney said. Collection of the provincial fuel tax would resume when WTI prices fall below $80 US, he said.