COVID-19 Updates: Taking steps to return to normal.
While Alberta is a more affordable place to live and work than any other province, Albertans have also been affected by rising global inflation caused by supply chain issues and high energy prices.
To help make life more affordable, we are taking a number of steps to combat the rising cost of living and keep more money in your pockets.
Fuel tax relief
Alberta drivers will automatically save 13 cents per litre when filling up at the pump from April 1 until at least June 30.
1 million+ homes, farms and businesses will receive $150 rebates over 3 months to cover the high costs this winter. Details to come.
Natural gas rebates
Rebates coming to address high winter heating costs from October 2022 to March 2023. More information will be announced soon.
Fuel tax relief
From April 1 until at least June 30, Alberta will stop collecting the provincial fuel tax on gas and diesel at the pump. Alberta drivers will automatically save:
- 13.6 cents per litre on gasoline and diesel, including GST
- 4 cents per litre on marked gasoline and diesel
The fuel tax removal will be reviewed on a quarterly basis. We will consider reinstating it in stages based on the average price of West Texas Intermediate (WTI). July 1 is the earliest it could be reinstated.
Fuel tax will still be collected on rail, propane and aviation.
Table 1: How much drivers will save when filling up
These average amounts are based on saving 13 cents on provincial fuel tax plus the associated GST for a total savings of around 13.6 cents per litre. Vehicle (tank size in litres) $ saved per fillup $ per month (4 fillups) $ for 3 months Semi-trailer (1,364L) $185.50 $742.02 $2,226.05 Ford F-150 (136L) $18.50 $73.98 $221.95 Grand Cherokee (93L) $12.65 $50.59 $151.78 Honda CRV (53L) $7.21 $28.83 $86.50 Toyota Corolla (50L) $6.80 $27.20 $81.60
Fuel retailers are important partners in the fuel tax relief program. Resources are available to show your participation in the program when it launches on April 1.
Many Albertans faced high electricity bills this winter. To help retroactively cover the costs, we will be providing $150 rebates to over 1 million homes, farms and small businesses.
We are working with utilities and regulators to determine the exact rebate criteria and update billing systems so the rebates can be applied directly to consumers' bills as soon as possible.
Natural gas rebates
Many Albertans have seen higher natural gas bills. To help protect consumers from spikes in heating costs next winter, a rebate program will run from October 2022 until March 2023.
If natural gas prices exceed $6.50/GJ, consumers who use less than 2,500 gigajoules annually will be eligible. This includes most households, small apartment buildings, farms and small industrial and commercial operations.
We are working with utilities and regulators to determine the exact details of the program. More information will be released as soon as possible.
Lower overall taxes
Albertans pay less in overall taxes with no PST, no payroll tax or health premium, as well as a low provincial income tax that almost 40% of Alberta tax filers don't have to pay. A couple earning $75,000 with 2 children would pay $1,400 more in B.C. and $3,800 more in Ontario.
Affordable child care
Families of children 0 to kindergarten-age earning up to $180,000 can now get subsidy to lower child care costs. By 2026, all families will pay an average of $10 per day and 42,500 new licensed spaces will be added so families can choose the care that works for them.
Albertans earn more
Alberta workers have the highest earnings in the country. Alberta's average weekly earnings is $1,201 and the median household after-tax income is $99,400, which is nearly $10,000 higher than B.C. and Ontario.
Affordable broadband for all
Many rural Albertans pay high prices just to access the internet. Through the Alberta Broadband Strategy, affordable, reliable, and high-speed internet will become a reality across the province over the next 4 years.
Housing is affordable
Alberta has some of the lowest home prices and rental costs among Canadian urban centres. A smaller share of income is spent on home ownership costs – 29% in Edmonton and 33% in Calgary vs. the Canadian average of 48%.
Low-income students will soon be able to access a new non-repayable financial support program to take qualified high-demand programs. This will enable more learners to advance their education and participate in the workforce.