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Canada Kills Carbon Tax, Gas Prices Expected to Plummet

March 16,2025

POLITICS

The new Canadian Prime Minister, Mark Carney, has officially scrapped the
consumer carbon tax, fulfilling a key campaign promise just hours after being
sworn into office.

Carney, an influential banker who once ran the Bank of England, announced the
decision during his first cabinet meeting on Friday, signing an order-in-
council to eliminate the federal fuel charge immediately.

"This is a cabinet that's focused on action," Carney said. "It's focused on
getting more money in the pockets of Canadians, it's focused on building this
economy with all the tools that we have here."

"We will be eliminating the Canada fuel charge, the consumer fuel charge,
immediately. Immediately, " he added.

The carbon tax, which was set to increase from $80 to $95 per ton on April 1,
had been widely criticized for driving up costs for consumers without
delivering meaningful environmental benefits. Carney had pledged to shift the
burden to industrial emitters instead, maintaining a tax on major businesses
while easing costs for households.

Immediate Impact on Canadians

Canadians who have been receiving rebates under the carbon tax program will
still get their next quarterly payment before the end of April, Carney
confirmed.

"This will make a difference to hard-pressed Canadians, but it is part of a
much bigger set of measures that this government is taking to ensure that we
fight against climate change, that our companies are competitive, and the
country moves forward, " he said.

The announcement was met with applause from Carney's cabinet, many of whom
had initially supported the 2018 legislation that introduced the tax. The
move signals a major shift for the Liberals as they attempt to address
affordability concerns ahead of the next federal election.

Political Reaction

The decision has drawn sharp reactions across the political spectrum.
Conservative Leader Pierre Poilievre, who has made repealing the carbon tax a
central part of his platform, accused Carney of political opportunism.

"Carbon Tax Carney is pausing the carbon tax until after the election when he
no longer needs your vote but still needs your money, " Poilievre wrote on
social media, arguing that Carney had only changed his stance for electoral
gain.

Ontario Premier Doug Ford welcomed the decision, calling the tax "the worst
ever, " while Saskatchewan Premier Scott Moe urged Carney to act swiftly in
fully dismantling the measure.

British Columbia Premier David Eby also confirmed his government would follow
suit, pledging to remove the provincial consumer carbon tax now that the
federal mandate had been lifted.

"Our commitment was once the federal government removed the backstop that
required us to have it, we would get rid of it too, and that work is well
underway, " Eby said.

While households will see relief, industrial emitters remain subject to
carbon pricing. Federal Agriculture Minister Kody Blois supported the move,
calling it a necessary step given the widespread opposition to the tax.

Broader Implications in US-Canada Trade War
Carney's decision to eliminate the consumer carbon tax comes as Canada faces
escalating trade tensions with the United States. A series of tariffs and
retaliatory measures between the two countries have heightened economic
uncertainty, particularly in the energy sector. U.S. restrictions on Canadian
exports, including oil and natural gas, could drive up domestic fuel prices
despite the tax repeal, limiting the immediate relief Canadians might expect
at the pump.

Energy analysts warn that while the removal of the carbon tax may ease some
financial pressure on consumers, ongoing trade disputes with Washington could
offset those savings by increasing costs for imported fuel and disrupting
supply chains. The oil and gas industry, which remains a key driver of the
Canadian economy, has been caught in the crossfire of these tensions, adding
another layer of complexity to Carney's policy shift.

The consumer carbon tax's elimination is expected to lower fuel costs by 10-
15%, though its economic impact remains to be seen. With an election looming,
the carbon tax debate is set to remain a central issue in the national
conversation.

> How does an article that doesn't mention Trump or tariffs even suggest 
> that any Canadian is "rejoicing" over any Trump tariff THREAT...

Fixed it for you.

LOL... I KNEW you wouldn't be able to resist replying... WITHOUT  refutation 
and only whione that it didn't include Trump.

It's just the threat of a tariff, that makes Mexico's and Cangaydia's 
"leaders" shake in their boots, and in Trudeau's case... pink socks.

That threat, OR Trump, doesn't HAVE to be in this article... everyone KNOWS 
about Trump's tariff threats and how Mexico and Cangaydia bow down to Trump's 
wishes, seeing how the alternative is quite frightening to them.
 
> And FYI:
> 
> Carney was promising to kill it before Trump did anything.

Yeah, "did", being the definitive word here.

Just the threat was enough to make her, after the threats.

LOL
 
=====

Trump still winning after WINNING Presidency!

Donald Trump is STILL the 47th U.S. president.

A Second Trump Administration is STILL going!