Carney Ends Consumer Carbon Tax Shortly After Taking Office as PM

Mark Carney addresses the media, with his cabinet in the background, shortly after being sworn in as Canada’s 24th prime minister in Ottawa on March 14, 2025. Minas Panagiotakis/Getty Images

Mark Carney has signed a directive for the consumer carbon tax rate to be cut to zero.

“Consistent with the promise that I made and others supported during the leadership campaign, we will be eliminating the Canada fuel charge, the consumer fuel charge, immediately,” Carney said following a cabinet meeting on March 14.