Canada’s new Prime Minister, Mark Carney, has scrapped the federal consumer carbon tax, claiming it was too divisive and burdened citizens amidst rising living costs. Although the repeal faces criticism for relying solely on regulation,

Prime Minister Mark Carney wasted little time in removing a potent point of attack for the Conservatives in recent years: the consumer carbon tax.

Carney says people who have been getting a rebate on the carbon price will get one final payment for the next quarter in April.

Prime Minister-designate Mark Carney, a Liberal who will replace Justin Trudeau on Friday, has said he plans to abolish a carbon pricing system that many residents have paid since 2019 on fossil fuel products, including gasoline, diesel and natural gas.

Carney replaces outgoing Prime Minister Justin Trudeau, who was in office for nine years, after a landslide victory in last week's Liberal leadership race. "We will never, in any shape or form, be part of the US,

The Liberal government in Canada has ended the consumer carbon price immediately. This decision was made official during Prime Minister Mark Carney’s first cabinet meeting on Friday afternoon. Carney stated that people who have been getting a rebate on the carbon price will get one final payment for the next quarter in April.