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BC Legislative Session to Resume on March 31 with Bill to Repeal Consumer Carbon Tax
BY Connect Newsroom, Mar 24, 2025 5:19 PM - REPORT AN ERROR
On March 14, 2025, the British Columbia government announced that it would align with the federal government and end its provincial consumer carbon tax, effective April 1.
The legislative session in British Columbia is set to resume on March 31, with the provincial government planning to introduce a bill to repeal the consumer carbon tax. This move is expected to reduce gas prices in the province by approximately 17 cents per litre. The carbon tax has been in place in B.C. since 2008.
On March 14, 2025, the British Columbia government announced that it would align with the federal government and end its provincial consumer carbon tax, effective April 1.
However, the province's recent budget estimates indicate that repealing the consumer carbon tax will result in a loss of around $1.5 billion in revenue. Werner Entwiller, an associate professor at the Sauder School of Business at the University of British Columbia, stated that the provincial government may need to either reduce spending or raise taxes elsewhere to compensate for the shortfall.
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