Alberta government reinstates fuel tax, raising gasoline prices by nine cents per litre
Starting Monday, the Alberta government raised gasoline prices by nine cents per litre, a move some drivers in Edmonton are unhappy about.
In a statement to CTV News Edmonton, 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.
It means a bigger expense for drivers filling up their gas tanks, however.
“Everytime the prices go up means our income goes down, and it's hard," Larry Aubin said on Monday while filling up his vehicle's tank in Edmonton.
The price increase is based on the cost of crude oil. That's because the price of West Texas Intermediate is under US$80 per barrel -- it's coming in around US$71, but 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," NDP MLA and energy critic Kathleen Ganley told CTV News Edmonton.
The government is expected to provide an update on the fuel tax near the end of March.
CTVNews.ca Top Stories
Canada to launch 'national action plan' to fight auto theft
The federal government is launching what it calls its 'national action plan' to combat auto thefts, which will include stronger penalties for thieves, and increased information sharing between police agencies, government officials and border enforcement.
U.S. Supreme Court rejects appeal from former Guantanamo detainee Omar Khadr
The U.S. Supreme Court on Monday rejected an appeal by a Canadian-born former Guantanamo detainee who was seeking to wipe away his war crimes convictions, including for killing a U.S. soldier in Afghanistan.
What is BORG drinking, and why is it a dangerous trend? An expert explains
If you've been to a party lately and haven't seen someone drinking a BORG, you're likely not partying with college students.
Iran's president and foreign minister die in helicopter crash at moment of high tensions in Mideast
Iranian President Ebrahim Raisi and the country's foreign minister were found dead Monday hours after their helicopter crashed in fog, leaving the Islamic Republic without two key leaders as extraordinary tensions grip the wider Middle East.
Michael Cohen says he stole from Trump's company as defence presses key hush money trial witness
Former Donald Trump attorney Michael Cohen admitted Monday to jurors in the Republican's hush money trial that he stole tens of thousands of dollars from Trump's company as defence lawyers seized on the star witness' misdeeds to attack his credibility.
The world's best airline is paying staff a bonus of 8 months' salary
Singapore Airlines will reward its employees with a bonus worth nearly eight months of salary, a person familiar with the matter told CNN on Friday.
Woman, 35, in critical condition after her truck collided with a Via Rail train near Montreal
A 35-year-old woman is in critical condition after the pick-up truck she was driving was struck by a Via Rail passenger train Monday morning in Quebec's Monteregie region.
Investors watching posts from 'Crypto King' in the wake of fraud, money laundering charges
Former investors of the self-styled “Crypto King” say they are watching his social media accounts and worried his displays of wealth are signs he’s spending their money, even now, as another large expense tied to Aiden Pleterski has triggered a previously unreported lawsuit.
Almost 2 months after it destroyed Baltimore's Key Bridge, the Dali cargo ship has been moved
The cargo ship Dali is being moved from the site of its catastrophic collision with the Francis Scott Key Bridge in a crucial step toward fully reopening the busy Port of Baltimore.