Albertans expected to face 2 gasoline tax hikes on the same day

Philippines News News

Albertans expected to face 2 gasoline tax hikes on the same day
Philippines Latest News,Philippines Headlines
  • 📰 CBCCalgary
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

On Feb. 9, 2022, the price per litre for regular fuel in Regina hovered around $1.47.

April in Alberta often brings unwelcome spring snowstorms and the Stanley Cup playoffs. This year it could mean higher prices at the gas pumps.Alberta's 2024 budget says the fuel tax relief program is 'not anticipated to remain in effect' past March 31. April in Alberta often brings the Stanley Cup playoffs and unwelcome spring snowstorms.is set to climb from around 14 cents to more than 17 cents per litre of gasoline on April 1.

Alberta's fuel tax was suspended for all of 2023 and partially reinstated at nine cents per litre of gasoline in January 2024. The province is forecasting oil prices to average $74 US per barrel. Crude prices averaging $80 US or more mean lower fuel tax rates for Albertans. Crude prices averaging $80 US per barrel or more would trigger fuel tax relief for Alberta residents.

"It's not clear that going to be able to hold that level because China has continued to be weak. Russia's continuing to find ways to get its oil to market," he said.The benchmark crude blend West Texas Intermediate reached $79.36 US on Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CBCCalgary /  🏆 78. in CA

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Terrace obeserved Burn Awareness Week from Feb. 6 to Feb. 9Terrace obeserved Burn Awareness Week from Feb. 6 to Feb. 9BC Professional Fire Fighters Burn Fund and BC Children’s Hospital collaborated this year
Read more »

Danielle Smith bets Albertans would rather save than spend — finallyDanielle Smith bets Albertans would rather save than spend — finallyPremier Danielle Smith spoke to Albertans in a TV address aired on Feb. 21, 2024. Do not publish before air date. See attached note.
Read more »

'Highly contagious': Albertans encouraged to get vaccinated for measles as risk of spread increases'Highly contagious': Albertans encouraged to get vaccinated for measles as risk of spread increasesHealth experts in Alberta are urging parents to make sure their children are fully vaccinated for measles and that their booster shots are up to date as the contagious virus begins to spread in communities across Canada.
Read more »

Roxy Cabaret sues developer Bonnis Properties for forced closure in 2022Roxy Cabaret sues developer Bonnis Properties for forced closure in 2022Construction next door caused damage to the Roxy Cabaret's building, forcing nightclub to close for six weeks
Read more »

Roxy Cabaret sues developer Bonnis Properties for forced closure in 2022Roxy Cabaret sues developer Bonnis Properties for forced closure in 2022Construction next door caused damage to the Roxy Cabaret's building, forcing nightclub to close for six weeks
Read more »

Island Health paid $21.5 million in nurse overtime in 2022/23Island Health paid $21.5 million in nurse overtime in 2022/23Independent and employee owned - local news stories, weather, sports, events and more
Read more »



Render Time: 2025-02-26 08:10:51