A tax on electric vehicles and a new property levy — here's how the Alberta budget might impact you | CBC News LoadedThe average Albertan likely doesn’t have time to sift through hundreds of pages of financial tables, spending forecasts and departmental estimates. But they likely do have an interest in a simple question: how might this budget affect my pocketbook? We have some answers.2024 Mustang Mach-E electric vehicles sit in a long row at a Ford dealership in a file photo.
In her address last week, however, Smith said the start of that plan would need to wait a year and be phased in. For this year at least, it means Albertans who would have benefited will need to wait to see relief when it comes to disposable income and spending.of gas-powered vehicles by 2035 — but Albertans looking to trade in their ride that has an internal combustion engine for a Tesla will soon be paying an extra fee.
As a part of the budget, the variable changes will be replaced with a new levy set at $5 per $5,000 of value for property transfers and mortgage registrations. The province previously ran two "Alberta is Calling" campaigns boasting of Alberta's "bigger paycheques" and "smaller rent cheques" and encouraging Canadians to consider moving to the province. Alberta has seen its