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Mark Carney kills the ‘carbon tax’ and gasoline prices tumble. Now what?

  • Liberal Leader Mark Carney announced the end of the consumer carbon tax during a campaign in Winnipeg, aiming to reduce gasoline prices by up to 18 cents per litre starting April 1.
  • Conservative Leader Pierre Poilievre criticized Carney's reversal on the carbon tax, claiming the decision was misleading ahead of the election.
  • Carney intends to maintain the industrial carbon price while Poilievre proposes to eliminate it completely if elected.
  • As the election approaches on April 28, Carney's strong credentials in finance contrast with skepticism from critics regarding his past support for carbon pricing.
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VOCM broke the news in on Tuesday, April 1, 2025.
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