British Columbia to Eliminate Consumer Carbon Tax

The British Columbia government is moving forward with the elimination of the consumer carbon tax. The province's Finance Minister, Brenda Bailey, has introduced a bill in the legislature to remove the 17-year-old tax for the public. Additionally, the payment related to the carbon tax that people will receive in April will be the final one.

It is important to note that the consumer carbon tax has been in effect in BC since 2008. Its removal will result in a loss of approximately $1.5 billion to the provincial budget.