CP NewsAlert: Prime Minister Mark Carney's cabinet terminates consumer carbon price

  • Canadian Press

<p>Prime Minister Mark Carney speaks at a news conference following a cabinet swearing in ceremony at Rideau Hall in Ottawa, on Friday, March 14, 2025. THE CANADIAN PRESS/Justin Tang</p>

OTTAWA -- The federal cabinet has agreed to immediately end the consumer carbon price, and made the change official at the first cabinet meeting under Prime Minister Mark Carney this afternoon.

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

More coming.