Canada Ends Consumer Carbon Price, Cutting Fuel Costs Nationwide

Prime Minister Mark Carney's repeal of the consumer carbon price takes effect, reducing gas and diesel prices but ending the Canada Carbon Rebate program.

• The federal consumer carbon price, introduced in 2019, was officially repealed on April 1, 2025, by Prime Minister Mark Carney, fulfilling a major campaign promise.
• Gasoline prices across Canada have dropped by approximately 15 cents per litre, with Ontario seeing reductions of up to 20 cents per litre and diesel prices falling by over 21 cents per litre in some areas.
• The industrial carbon price remains intact, ensuring continued incentives for emissions reductions in the industrial sector.
• The Canada Carbon Rebate, which offset higher costs from the consumer carbon price, will issue its final payments in April 2025, impacting household budgets.
• Factors such as rising oil prices, seasonal demand, and refinery maintenance may partially offset the fuel price reductions in the coming months.

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