Low-income British Columbians were receiving up to $400 a year through the climate action tax credit that was funded through the carbon tax.
Advocates warn that eliminating B.C.'s carbon tax, while intended to improve affordability, could make life more expensive for low-income residents due to the loss of the climate action tax credit, which has helped offset living costs. They argue the savings may not be passed on to consumers and suggest alternative approaches like taxing wealthy residents. Some residents see the tax credit as an incentive for eco-friendly behavior and believe the shift away from the carbon tax is politically motivated.
