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With the new year right around the corner, many Manitobans are excited to see some savings at the pumps.

Following up with their election promise, A gas tax holiday is slated to start on January 1st. This will remove the 14 cents a liter tax on fuel, as well as the 3 cents a liter tax on marked gas.

This gas Tax holiday will have a ripple effect through industries, as trucking companies are set to save thousands of dollars in fuel costs.

Families on average are expected to save roughly $250 through saving on fuel as well in this time.

Before his election in October, Premier Wab Kinew said the six-month tax break would cost the province $165 million, but that his party is prepared to extend it so long as inflation remains high.