Breaking News: Manitoba's Gas Tax Holiday Wraps Up – What You Need to Know!
2024-12-31
Author: Jacob
Manitobans, brace yourselves!
The much-celebrated gas tax holiday is officially coming to an end, but there's a silver lining. Starting this Wednesday, drivers will see the return of the gas tax – though with a sweet twist: a permanent 10% discount!
Background on the Gas Tax Holiday
Originally introduced at the start of 2024, the Manitoba government suspended the 14-cent-a-litre gas tax in response to rising fuel prices, providing much-needed relief for drivers across the province. This tax break was extended throughout the year, but now it's time to adjust to the new reality.
Impact on Drivers' Wallets
So, what does this mean for your wallet? While the full gas tax of 14 cents resumes, Premier Wab Kinew has proudly announced a permanent reduction, with drivers enjoying approximately 1.4 cents off per litre. This means that effective Wednesday, the tax will be set at 12.5 cents per litre.
Overall Fuel Prices Expectation
Despite the conclusion of the gas tax holiday, Manitobans can feel relieved as overall fuel prices at the pump are still expected to decrease. This is a crucial change that aims to cushion families and commuters already grappling with the challenges of inflation and rising living costs.
Stay Informed!
Stay tuned for more updates, and keep an eye on those gas prices – every cent counts!