Alberta provides relief to rising fuel prices

On Friday, April 1, 2022, Alberta paused collecting its 13-cent-per-litre provincial gas tax, providing a noticeable drop in price for many Albertans. The move, which corresponds to an increase in the federal carbon tax that rises to $50 a tonne, was designed to help consumers deal with the rising cost of living.

The gas tax will remain on pause as long as West Texas Intermediate crude remains above $90 a barrel — at least until the end of June. After that, it will be adjusted based on a sliding scale of WTI’s price.