
Calgary Mayor Urges Alberta to Suspend Fuel Tax
About this episode
Calgary Mayor Jeromy Farkas advocates for Alberta to suspend its fuel tax, following the federal governments lead to alleviate soaring gas prices. He estimates this could save homeowners around $300 annually after recent tax hikes. Premier Danielle Smith, however, is hesitant, favoring income tax cuts and lower electricity bills for broader relief. As pressure mounts, the provinces stance on the fuel tax remains uncertain.
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Calgary News Today | 2 Min News | The Daily News Now! — Calgary Mayor Urges Alberta to Suspend Fuel Tax. Machine-transcribed; use the interactive transcript above to jump the player to any line.
Calgary Mayor Jerome Farcus is pushing Alberta to hit pause on his provincial fuel tax as gas prices soar. He's following the federal lead after Prime Minister Mark Carney suspended the 10 cents per liter federal excise tax until Labor Day. That moves set the save Canadians $2.4 billion at the pump. Fuel costs jump thanks to the Middle East tensions choking oil supply through the strait of hormones. With the Fed stepping up, Farcus wants Premier Daniel Smith to match it, saying it could save homeowners around $300 a year after. Recent property tax hikes. The mayor praised Carney's quick action and plans to keep teaming up with Ottawa on city needs. He's linking arms with the Canadian taxpayer's federation to amp up the pressure locally. But Premier Smith is holding back, calling the provincial 13 cents a liter tax a small fix maybe just $7.15 on A. 55 liter tank. She's eyeing the budget deficit and prefers bigger relief like income tax cuts and lower electricity bills.
Meanwhile, Alberta NDP leader Nahid Nenshi jumped in, urging the cut to ease pain for families and businesses right now. As calls grow louder, we'll see if the province shifts gears amid these high stakes pump prices. That wraps Calvary News today, brought to you with AI. I'm Cory with the story.
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