Manitoba cuts gasoline prices
The government is introducing tax vacations.
The Manitoba government is amending the fuel tax act to temporarily suspend the collection of the provincial gasoline tax. The tax vacation comes into effect in 2024 and will be in effect for at least 6 months. This was officially announced by Manitoba Finance Minister Adrien Sala.
"This legislation would provide much-needed relief to Manitobans during these unprecedented times of high inflation. The bill would help everyone from the family rushing their kids off to different activities, to the small business owner who relies on their car for work."
What exactly does the law change
A new law will temporarily reduce the provincial fuel tax rate to zero cents per liter on gasoline, natural gas and diesel for road use. So far, it has been decided for certain that this tax break will be in effect for six months. During the fuel tax vacation, the normal fuel tax rate of 14 cents on gasoline and diesel used for motor vehicle operations will be eliminated.
Fuel taxes will still be levied on aviation, locomotives and propane, as they are not included in the fuel tax vacation.
The average Manitoba family with two cars is expected to save about CA$ 250 during the six-month fuel tax vacation, noted Adrien Sala.
