The elimination of federal, provincial, and territorial carbon taxes in spring 2025—followed by the end of carbon tax rebates—left low-income households with a significant financial hit, according to new research. The change effectively removes a targeted transfer mechanism for cost-of-living support, which could weigh on consumer spending power among the most affected households.
The elimination of federal, provincial, and territorial carbon taxes in spring 2025—followed by the end of carbon tax rebates—left low-income households with a significant financial hit, according to new research. The change effectively removes a targeted transfer mechanism for cost-of-living support, which could weigh on consumer spending power among the most affected households.
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