One of the top contenders to become Canada’s next prime minister has promised to scrap the country’s industrial carbon tax.
Conservative leader Pierre Poilievre pledges to eliminate Canada's industrial carbon tax if elected, replacing it with technology-based incentives and tax credits for businesses with lower emissions. This would reverse the Trudeau government's policy, potentially impacting provinces with their own carbon pricing systems. While supporters argue it will boost investment and jobs, critics warn it will hinder emissions reduction efforts and negatively impact trade.
