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Manitoba Premier Considers Extending Gasoline Tax

Manitoba Premier Considers Extending Gasoline Tax
Manitoba Premier Considers Extending Gasoline Tax

Manitoba residents have been saving money at the pump since the beginning of the year, and those savings are likely to continue for much longer.

The provincial government suspended the 14-cent-per-litre gasoline tax effective January 1 to help Manitobans cope with inflation. The tax cut was only supposed to last six months, but the province has extended it until the end of September.

“While inflation has cooled in our province, I think the average Manitoban still finds the cost of living to be a major challenge because interest rates are still high, because other costs are still high,” Premier Wab Kinew told reporters Monday. “So that’s certainly what we’re going to be looking at as we approach September 30th.”

Under the Fuel Tax Amendment Act, the government has the authority to maintain the reduction until the end of the calendar year.

The NDP government has previously credited the tax cut with keeping inflation low in Manitoba. According to Statistics Canada, inflation in the province was 1.3 per cent in May — the lowest in Canada for the fifth straight month.