• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Government moves to purge consumer carbon pricing from law

May 27, 20251:48 PM The Canadian Press0 Comments

Centre Block

OTTAWA – The federal government has moved to purge consumer carbon pricing from law, effectively putting an end to what was once the keystone of the Liberals’ climate policy.

Prime Minister Mark Carney ended the consumer carbon price in March in his first official act after being sworn into office.

Parliament was not sitting at the time so Carney used regulations to set the price to zero.

But the Conservatives claimed Carney would just bring back consumer carbon pricing after the election because the law itself hadn’t been repealed.

With Parliament now sitting the government is moving to repeal the law.

Carney has said he will strengthen the industrial carbon pricing policy, which is expected to account for a bigger cut to emissions than the consumer price.

Canadian oil and gas companies have pleaded with Carney to repeal the industrial carbon price as well, arguing it has undermined their competitiveness against foreign oil and gas producers.

This report by The Canadian Press was first published May 27, 2025.

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Oil edges up, investors eye Trump statement on Russia
  • EU envoys near agreement on lower Russian oil price cap
  • Discount on Western Canada Select widens
  • European Commission proposes Russian oil price cap 15% below global price
  • US oil/gas rig count down for 11th week to lowest since 2021, Baker Hughes says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.