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Prime Minister Mark Carney cabinet terminates consumer carbon price
British Columbia Premier David Eby announced the elimination of the carbon tax after the federal requirement was dropped by Ottawa's new Prime Minister Mark Carney.
Eby stated that British Columbia will not raise the carbon tax from $80 to $95 per tonne on April 1 as previously scheduled.
Eby acknowledged that scrapping the tax means many families will lose previously available credits, impacting the projected budget deficit of almost $11 billion.
B.C. Green MLA Jeremy Valeriote expressed concerns about the absence of climate action alternatives following the carbon tax's elimination.