Alberta to resume fuel tax collection in October & More Latest News

With the value of oil dropping, the Alberta authorities is reinstating its fuel tax in October.

Starting Oct. 1, Albertans can be charged a partial tax of 4.5 cents per litre.

The province’s non-discounted fuel tax is 13 cents per litre.

READ MORE: Province to ease Albertans again into fuel tax in October

The province despatched a letter to all fuel retailers explaining the adjustments on Wednesday.

Tax and Revenue administration letter obtained by CTV News Edmonton.

Tax and Revenue administration letter obtained by CTV News Edmonton.

When the value of West Texas Intermediate (WTI) drops between US$85 to $89.99, the province will introduce a 4.5 cents per litre tax. Once WTI drops even decrease between US$80 and $84.99, it’ll reintroduce a 9 cents per litre tax. And lastly, the totally 13 cents per litre tax is reintroduced when WTI dips under US$79.99.

Marked gasoline and marked diesel can even be affected.

In a press release Thursday afternoon, Finance Minister Jason Nixon stated: “As Albertans continue to deal with inflation and high costs, Alberta’s government will continue to provide some of the most generous measures in the country to keep more money in the pockets of Albertans.”

Fuel tax financial savings can be calculated quarterly.

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