Making life more affordable for Albertans

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New legislation has been introduced that would deliver critical broad-based inflation relief to Albertans, with additional targeted cost-of-living supports for families, seniors and vulnerable Albertans.

Alberta’s economy has recovered strongly, but many Albertans are struggling to heat their homes and feed their families, and the government wants to help. The legislative changes included in the Inflation Relief Statutes Amendment Act, 2022 would enable the government to deliver timely, effective cost-of-living supports and inflation relief to Albertans.

If passed, the legislation and supporting regulations will enable the expansion of utility rebates, electricity price protection over the winter, personal income tax indexation retroactive to the 2022 tax year, full suspension of the provincial fuel tax, and delivery of upcoming targeted relief payments to families, seniors and vulnerable Albertans. These measures make up the Alberta government’s Affordability Action Plan.

Alberta’s Affordability Action Plan is the largest of its kind in Canada, providing $2.8 billion in broad-based and targeted relief to Albertans and their families, farms and small businesses.

“Affordability is the primary challenge facing Albertans today. Our Affordability Action Plan and the enabling legislation and regulations empower our government to provide immediate broad-based relief and targeted supports to families, seniors and vulnerable Albertans when and where they need it.”

Matt Jones, Minister of Affordability and Utilities

“Our focus on responsible fiscal management has allowed us to provide this timely response to the affordability challenge that so many Albertans are facing. These targeted measures will provide relief at a time Albertans need it most.”

Travis Toews, President of Treasury Board and Minister of Finance

“Low-income Albertans are feeling the impact of increased costs each month. Albertans living with disabilities, seniors and others who rely on fixed incomes need support to get through these difficult times. The affordability measures being brought through Bill 2 will make a huge difference for vulnerable Albertans, which is why it is such an important piece of legislation that I am proud to support.”

Jeremy Nixon, Minister of Seniors, Community and Social Services

If passed, Bill 2, the Inflation Relief Statutes Amendment Act, 2022, will enable key affordability support measures through legislation:

  • Upcoming targeted relief payments for seniors and families with dependent children under 18 years of age with household incomes below $180,000 per year.
  • Upcoming targeted relief payments to vulnerable Albertans collecting Assured Income for the Severely Handicapped (AISH), Persons with Developmental Disabilities (PDD) and Income Support.
  • Indexing the Alberta Child and Family Benefit to inflation starting Jan. 1, 2023.Protecting consumers on the regulated electricity rate from price spikes in January, February and March 2023.
  • Indexing personal income taxes to inflation, retroactive to the 2022 tax year.Suspending the full 13-cent-per-litre tax on gasoline and diesel from January to June 2023, with the fuel tax relief program providing ongoing relief subject to oil prices thereafter.

In addition to the legislation, upcoming regulation amendments will include:

  • $200 in additional electricity rebates from January to April 2023, bringing total electricity relief from July 2022 to April 2023 to $500.
  • Indexing AISH, Income Support and the Alberta Seniors Benefit to inflation.
  • Enhancing the current natural gas rebate to provide permanent natural gas price protection.

Albertans can learn more about current and future affordability relief programs and supports at alberta.ca.