Province of Alberta plans to put the cheque in the mail for $100 payments starting July 1

The timeline for the distribution of $100 to Albertans was released Friday.

Albertans who apply for the $100 payment from the province could see the money in their bank accounts within two weeks of applying.

The province is cutting cheques instead of reducing the gas tax at the pumps.

Albertans over the age of 18 who have filed their 2025 taxes are eligible for the money -- around 3.4 million people.

Dubbed the Alberta Energy Rebate, the payment is available to Albertans over the age of 18 who have filed a tax return and have a household income under $225,000. Those on supports like Assured Income for the Severely Handicapped (AISH) will get the rebate automatically.

The rebate comes instead of the province reducing its tax on gasoline at the pumps, since reductions in gas taxes don’t ensure savings flow to all consumers, Smith said.

“Our government recognizes that families are feeling the pinch, which is why we’re taking action to put more money back in their pockets,” Smith told reporters.

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

Online applications will be available starting July 1.

With files from CTV News’ Cassidy McMackon and Mark Villani