Manitoba government to reinstate fuel tax at a lower rate

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Manitoba government to reinstate fuel tax at a lower rate

^{Published on 2024-12-24 02:42:51 - MSN}

The Manitoba government is ending its yearlong fuel tax holiday but bringing back the levy at a lower rate. The government temporarily suspended the 14-cents-a-litre fuel tax at the beginning of 2024 as a way to help people deal with the rising cost of living.

The Manitoba government has announced plans to reinstate the provincial fuel tax starting April 1, 2024, but at a reduced rate. Previously suspended in January 2023 to help residents cope with inflation, the tax will now be set at 14 cents per litre for gasoline and diesel, down from the previous rate of 14 cents per litre. This decision comes as part of a broader strategy to balance economic relief with fiscal responsibility. The government aims to provide some financial relief to Manitobans while also addressing the province's financial needs. Additionally, the province will continue to monitor economic conditions and adjust the tax rate if necessary, ensuring that it remains responsive to both economic pressures and public needs.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/politics/government/manitoba-government-to-reinstate-fuel-tax-but-at-a-reduced-rate/ar-AA1wnmlQ ]

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Manitoba government to reinstate fuel tax at a lower rate