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Prime Minister Mark Carney cabinet terminates consumer carbon price

  • British Columbia will eliminate the carbon tax entirely, as announced by Premier David Eby on March 14, 2025, during a town hall at Simon Fraser University.
  • Eby acknowledged that this decision means many families will not receive credits funded by the carbon tax and that the finance ministry is exploring budget adjustments.
  • The elimination of the carbon tax raises questions about its impact on British Columbia's projected $11 billion deficit and the absence of compensatory credits for families.
  • B.C. Green Party interim leader Jeremy Valeriote criticized the decision, stating it leaves many questions unanswered regarding future climate action alternatives.
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iPolitics broke the news in Canada on Friday, March 14, 2025.
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