Calgarians to pay more at the pumps and on property taxes in 2024
CTV
The end of the calendar year marks an end to Alberta's gas tax holiday, meaning people will be paying more at the pumps in 2024.
The end of the calendar year marks an end to Alberta's gas tax holiday, meaning people will be paying more at the pumps in 2024.
Starting Monday, the Alberta government raised gasoline prices by nine cents per litre.
The tax is tied to the price of oil, and can go as high as 13 cents when the price of West Texas Intermediate is under $80 USD per barrel.
It currently trading around $73 USD per barrel.
In a statement to CTV News, the province says Albertans will continue to save four cents per litre on gas and diesel in the first three months of the year and that they will continue to benefit from lower fuel costs when oil prices are high.
The timing of the fuel tax's reinstatement is something Alberta's Official Opposition doesn't agree with.
"People have had to cut back on Christmas to be able to afford their groceries, so this is actually a terrible time," said NDP MLA and energy critic Kathleen Ganley.
