- 2025 introduces new taxes and fees including a vape tax and an electric vehicle registration fee
- The Rate of Last Resort ROLR replaces the Regulated Rate Option as the default electricity rate in Alberta
- Albertans not on a competitive contract are automatically enrolled in the ROLR which tends to be more expensive
- The Alberta government requires the Utilities Consumer Advocate to contact ROLR customers every 90 days to discuss options
- Statistics show significant percentages of residential, commercial, and farm customers use the ROLR
- The ROLR price varies monthly based on market prices and is regulated by the Alberta Utilities Commission
- The new vape tax charges $1.12 per two milliliters of vape product, aiming to discourage vaping
- The anticipated revenue from the vape tax for 2025-2026 is $18 million
- A $200 registration tax on electric vehicles is planned to offset the lack of fuel tax revenue from these vehicles
- The exact date for the electric vehicle registration fee implementation is still undecided
- GST/HST federal payments are due today, with amounts varying based on marital status and parenthood
- Eligibility and exact amounts for GST/HST credit are determined upon filing taxes
Source: centralalbertaonline.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
