Eby plans to eliminate B.C. carbon tax following federal changes

British Columbia's Premier David Eby announced plans to repeal the provincial carbon tax following the federal government's decision to eliminate its own consumer carbon tax. Eby stated that legislation will be prepared to remove the B.C. tax in conjunction with the federal move, aiming to alleviate cost-of-living pressures for residents. While the consumer carbon tax will be eliminated, Eby emphasized that industrial emissions will still be taxed through output-based pricing to encourage technology adoption for lower emissions. The announcement comes amid calls from groups like the Canadian Taxpayers Federation for immediate action to avoid an April 1 tax increase. Eby reiterated his commitment to maintaining a price on carbon for large polluters while ensuring affordability for British Columbians. As the legislative session progresses, the timing of the tax repeal will depend on federal announcements regarding carbon pricing requirements.