Canada Ends Consumer Carbon Price as New PM Carney Shifts Focus to Industrial Polluters

Prime Minister Mark Carney fulfills campaign promise by eliminating the consumer carbon levy, while committing to increased industrial carbon pricing.

• Prime Minister Mark Carney signed an order-in-council on his first day in office to immediately terminate the consumer carbon price, previously set to rise in April.
• Canadians who received rebates under the program will still receive a final payment in the next quarter, by the end of April.
• Carney has pledged to increase carbon pricing for industrial polluters, raising concerns from Alberta Premier Danielle Smith about potential impacts on the oil and gas sector.
• The consumer carbon price elimination is expected to reduce gasoline costs by 17.6 cents per litre and natural gas costs by over 15 cents per cubic metre.
• Critics, including Conservative Leader Pierre Poilievre, accuse Carney of political maneuvering ahead of an anticipated federal election later this year.

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