One of the top contenders to become Canada’s next prime minister has promised to scrap the country’s industrial carbon tax.

OTTAWA — Conservative Leader Pierre Poilievre says he will scrap the industrial carbon tax and use incentives to reward companies that lower emissions.

B.C. Premier David Eby says his government is drafting legislation to scrap the province's consumer carbon tax following a promise from Prime Minister Mark Carney to do the same.

Following the move of new Prime Minister Mark Carney, B.C. Premier David Eby announced today the provincial carbon tax will be killed.

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

British Columbia's government will follow through on its promise to repeal the province's consumer carbon tax after new Prime Minister Mark Carney moved to eliminate the federal version of the levy on Friday.

Mark Carney wasted no time making his first big move as prime minister of Canada. Just hours after being sworn in on Friday, he signed an order eliminating the federal carbon pollution pricing on consumers — better known as the carbon tax — following through on a key promise he made during his Liberal leadership bid.