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Petroleum Payout: Alberta announces tax relief on fuel, gas prices continue to rise

Edmonton, Alberta — Despite a provincial announcement for gas tax relief on Mar. 7, prices continue to rise in Alberta.

According to Alberta’s premier Jason Kenny, Albertans would enjoy tax relief on fuel by 13 cents per litre in addition to a $150 electricity rebate. This is aimed to “provide much-needed relief to everyday Albertans,” said Alberta’s minister of finance, Travis Toews.

However, this relief only removes the tax requirement for retailers, who are not required to pass their savings down to consumers.

According to the real-time fuel price app, GasBuddy, the average price of gas in Calgary today is 165.9 cents per litre. Meanwhile, the price of gas in Edmonton averages 155.9 cents per litre. For all of Alberta, GasBuddy estimates the average price per litre at 167.3 cents.

According to GasBuddy Wednesday afternoon stats, British Columbia touts the highest price per litre at 200.6 cents on average, followed by Québec (193.4 cents per litre); Newfoundland (191.9 cents per litre); Nova Scotia (186.8 cents per litre) and Prince Edward Island (186.5 cents per litre).

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