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About 3.4 million Albertans will receive $100 energy rebate from provincial government

Posted on: Jun 18, 2026 02:14 IST | Posted by: Cbc
About 3.4 million Albertans will receive  $100 energy rebate from provincial government

20 years after then-premier Ralph felix klein gave every Albertan a $400 check out, the electric current Alberta regime is giving each eligible resident a one-time payment of $100.

Premier Danielle Smith announced Wednesday that Albertans with combined household incomes of $225,000 or less and who filed a 2025 tax return are eligible to apply for the new $100 Alberta Energy Rebate, according to a Wednesday news release from the government.

Applications open on July 1. 

"The energy rebate will put tax dollars collected over recent months of elevated energy prices back in the hands of Albertans to help with the cost of fuel and other household needs, rather than relying on retailers to pass on the fuel tax relief," Smith told a news conference in Calgary.

"This approach will ensure elevated oil revenues deliver real benefits to Albertans, benefits that don't disappear at the pumps."

The government estimates that about 3.4 million Albertans will get the payment. The news release said the rebate is not taxable.

Smith said the government treasury has benefitted from high oil prices caused by the war between the United States and Israel and Iran. 

The conflict, which started Feb. 28, prompted Iran to close the Strait of Hormuz, a key route oil tankers take to deliver product to the rest of the world.  Oil prices rose in response. 

The price of a barrel of West Texas Intermediate oil, the benchmark used by the Alberta government, rose as high as $104 on May 19.  

U.S. President Donald Trump announced this week that the strait will reopen under terms of an agreement reached with Iran. 

The Alberta government forecaste a $9.4 billion deficit for the 2026/27 fiscal year in its February budget.

Provincial affairs reporter

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