'Meaningful savings': Alberta government to suspend fuel tax on Jan. 1

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'Meaningful savings': Alberta government to suspend fuel tax on Jan. 1
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Finance Minister Travis Toews says the government will suspend the fuel tax starting Jan. 1. On July 1, he says the Alberta government will suspend the gas tax based on the price of WTI oil 'permanently.' yyc yeg

A statement from Finance Minister Travis Toews on Tuesday outlined the schedule for the plan that will be in effect from Jan. 1 to July 1, 2023.

Anyone who drives a car or an SUV could see savings between $160 and $300, he says, adding the benefit will help all residents from every walk of life. Once the six months has elapsed – approximately a month after Alberta's general election – Toews says the government will go back to its previous plan of fuel tax relief.

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