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Alberta Newsroom/Flickr | Shutterstock Gas prices in Alberta continue to decline, and it’s got us wondering what needs to happen for the gas tax in the province to disappear. Back in April , the Alberta government suspended the gas tax collection, reducing the price at the pump by 13 cents per litre as motorists struggled with rising gas prices alongside record-setting inflation. The government will review the collection of the fuel tax on a quarterly basis and, if required, consider reinstating collection in stages. The government will not start to reinstate collection before October 1, 2022. Alberta’s fuel tax will not be re-implemented unless the average price of West Texas Intermediate (WTI) falls below $90 per barrel, according to the province. What the fuel tax collection reinstatement will look like When WTI prices are $90 or more, the fuel tax collection is paused, and the fuel tax rate is zero cents per litre. When they drop to $85 to $89.99, the fuel tax will be reinstated partially and the fuel tax rate will be 4.5 cents per litre. The partial reinstatement continues if prices fall to the $80 and $84.99 range, with the fuel tax rate clocking in at […]
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