Premier Wab Kinew has announced that the Manitoba government plans to prolong the gas tax holiday until Dec. 31 of this year.
“Since we cut the gas tax in January, inflation has gone down in Manitoba,” said Kinew. “This is what governments are for. We know Manitobans are still struggling with the impact of interest rates and grocery prices so we’re going to continue to step up and save you 14 cents at the pump.”
The premier has announced an extension of the current gas tax holiday on motor vehicle fuel (gasoline and diesel) until Dec. 31.
The province’s leader pointed out that drivers of the most common vehicle in Manitoba, pickup trucks, can expect to save approximately $14 with each refuel. According to the Manitoba Bureau of Statistics, this temporary relief on gas taxes has resulted in a 0.4 percentage point drop in inflation.
Since the introduction of the gas tax holiday, Manitoba has maintained the most affordable average retail price for gasoline in all of Canada. Furthermore, inflation levels have returned to the preferred range of one to three per cent set by the Bank of Canada.
