OTTAWA - After suggesting he would remove the consumer carbon price by the end of the day, Carney signed an order-in-council Friday to terminate it "as of April 1, 2025."
Carney also said people who have been getting a rebate on the carbon price will get one final payment for the next quarter in April.
The price was scheduled to rise from $80 to $95 per tonne on April 1.
While Carney has long supported carbon pricing as an effective way to reduce emissions, he promised to end the consumer levy during his Liberal leadership campaign.
Conservative Leader Pierre Poilievre made opposition to the carbon price a central theme of his attacks on the government, blamed it for cost of living increases and repeatedly called for a "carbon tax election."
When asked when Canadians can expect to go to the polls, Carney said "before November."
This report by The Canadian Press was first published Mar. 14,
