December 14th, 2024

Alberta introduces bill for $2.8 billion in inflation-fighting payouts, rollbacks

By The Canadian Press on December 7, 2022.

Matt Jones shakes hands with Alberta Premier Danielle Smith after he was sworn into cabinet as minister of affordability and utilities in Edmonton on Oct. 24, 2022. The Alberta government has introduced legislation to implement inflation-fighting rebates and payouts announced recently by Premier Danielle Smith. THE CANADIAN PRESS/Jason Franson

EDMONTON – The Alberta government has introduced legislation to implement inflation-fighting rebates and payouts announced recently by Premier Danielle Smith.

Affordability Minister Matt Jones says the changes allow for help for families, seniors and the vulnerable soon.

Middle- to lower-income families, those with a household income of less than $180,000 a year, are to get $600 over six months for each child under 18 years of age.

The same income threshold and benefit applies to seniors, and the payout will also go to those on disability supports.

There will be electricity rebates and the 13 per cent provincial tax on gasoline is suspended from January to June.

The total cost of the package is pegged at $2.8 billion.

This report by The Canadian Press was first published Dec. 7, 2022.

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