9 h. ago Calgarians celebrate end of consumer carbon tax: “It’s a nice change”

Calgary drivers were happy to see a drop in fuel prices on Tuesday - as the end of the federal Consumer Carbon Tax took effect.

Economics

14 h. ago OPINION: Ford must fight the carbon tax on Ontario industries

Premier Doug Ford is the only thing standing between Prime Minister Mark Carney’s hidden industrial carbon tax and the people of Ontario. Carney dropped the consumer carbon tax to zero. That’s a good thing because that carbon tax punishes people for driving to work and heating their homes. Getting rid of that tax saves people […]

Economics

14 h. ago JAY GOLDBERG: Carney should embrace harm reduction for smokers

Liberal Leader Mark Carney is out to prove he’s a centrist. By ending unpopular Trudeau-era policies like the capital gains tax hike and the consumer carbon tax, Carney is clearly making a play for the political middle.  If Carney really wants Canadian consumers to believe he’s moved to the middle, it’s time for the Liberals […]

Transport

16 h. ago B.C. facing future without consumer carbon tax for 1st time in 17 years

British Columbians are facing a future without a consumer carbon tax for the first time in 17 years, after the early-morning approval of a bill to end the long-standing policy. 

Economics

17 h. ago Gas price trackers say Winnipeggers should see 15 cent drop in fuel prices as of Tuesday

Drivers across the country will get a break at the pumps as of Tuesday, as the consumer carbon tax is no more.

Economics

19 h. ago B.C. ends its carbon tax on consumers after marathon debate in legislature

The NDP government fast-tracked legislation in an effort to kill off the tax on Monday, in time to coincide with today's demise of the federal version of the tax, but it was 1:30 a.m. before it finally passed its third reading in the legislature.

Economics

33 h. ago The consumer carbon tax is about to be scrapped in B.C. So why are gas prices still rising?

Premier David Eby expects British Columbians to save 17 cents a litre starting Tuesday, despite the concern that oil and gas companies may try to gouge customers

Economics

34 h. ago Drivers can expect gas price to drop 17 cents, B.C. NDP says as end of consumer carbon tax hastened

Premier David Eby, who successfully sought accelerated consideration to pass the legislation in one day, also warned gas companies against price gouging

Economics

40 h. ago Gas prices soar ahead of final day for the consumer carbon tax in B.C.

After soaring over the weekend, gas prices in B.C. are expected to come down 18.5 per cent as the province's consumer carbon tax is phased out.

Economics

7 d. ago B.C. tabling legislation to kill consumer carbon price for April 1

British Columbia's government says it will table legislation on Monday that eliminates the consumer carbon tax in the province.

Economics

1 week ago Scrapping carbon tax might make life more unaffordable, advocates say

Low-income British Columbians were receiving up to $400 a year through the climate action tax credit that was funded through the carbon tax.

Economics

1 week ago Here's how the end of carbon tax in Canada will affect your everyday expenses

With the carbon tax set to be scrapped next month, Canadians may be wondering exactly how much this will affect gas and food prices in Canada.According to an analysis from Desjardins Economics released on Tuesday, Canadians can expect a drop in prices at the pump immediately, but it may take a while for their grocery bills to go down.The report comes after Prime Minister Mark Carney announced that the federal government would be axing the consumer carbon tax in Canada as of April 1. The final Canada Carbon Rebate (CCR) will still be issued that month, but you'll need to get your affairs in order to cash in.Desjardins predicts that inflation will be about 0.7 per cent lower in April 2025 than it would have been if the carbon tax stayed.More specifically, the report suggests that removing the price of pollution will drop gas prices by about $0.18 per litre on April 1 in provinces where the fuel charge is applied.In comparison, the carbon tax in Canada was...

Economics

1 week ago What you need to do to get your final Canadian carbon tax rebate

If you want to cash in on the final carbon tax rebate, you will have to get some things in order in the next couple of weeks.Last Friday, Prime Minister Mark Carney scrapped the consumer carbon tax as his first move as Liberal Party leader."The consumer carbon tax was too divisive when we should be pulling together. That's why I took action to cancel it on day one," he posted on X.He announced last Friday that the fuel charge would be removed as of April 1 but that the Canada Carbon Rebate (CCR) would still be issued for that month.The carbon rebate, formerly known as the Canada Climate Action Incentive Payment (CAIP), is a quarterly, tax-free amount to help eligible individuals and families offset the cost of federal pollution pricing.According to a notice on the government's tax credits and benefits page, the final CCR payment will be issued starting April 22.However, to receive the payment, the government says individuals must have filed their 2024 income tax and benefi...

Economics

1 week ago Consumers could find ’meaningful savings’ as carbon tax ends: Desjardins

Motorists in provinces using federal carbon pricing should notice a drop of almost 18 cents per litre

Economics

2 w. ago B.C. is killing its consumer carbon tax: What does that mean for you?

Killing part of the 17-year-old tax will save residents money at the gas pump and home heating bill but it's going to leave a big hole in the B.C. government's budget

Economics

2 w. ago B.C.’s consumer carbon price is dying. How will the province make up the revenue?

The B.C. government faces a $1.8-billion hole in its budget with the end of the consumer carbon tax, but experts say new opportunities may help balance the challenges.

Economics

2 w. ago Premier Smith not sold on killing of consumer carbon tax, wants industrial levy plan

Despite calling for its demise for years, Alberta Premier Danielle Smith says she isn't phased by the new prime minister's move to kill the consumer carbon levy.

Economics

2 w. ago Smith skeptical on Prime Minister Carney despite end of consumer carbon tax

'He's made his view very clear about not wanting a transparent carbon tax. He wants a hidden one,' Smith said

Politics

2 w. ago David Staples: No carbon tax, no worries, Guilbeault says, as Liberals have 100 anti

"That gives us three times more emissions reduction (than the consumer carbon tax), so make sure big polluters do their fair share when it comes to reducing emissions."

Economics

3 w. ago ‘We will get rid of that carbon tax’ when feds drop requirement, Eby says

This comes after new Liberal leader Mark Carney said he would immediately eliminate the federal government’s carbon price on consumers and stop the capital gains tax increase.

Economics