The consumer carbon tax is gone as of today. What will that mean for your wallet?

Today, Mark Carney officially cancelled the consumer carbon tax, removing the fee on carbon-emitting products like gasoline and natural gas. The tax, initially supported by Carney, was removed due to its divisiveness, impacting consumers at the gas pump immediately and potentially reducing home heating bills by 30% in some areas. While the cancellation will lead to immediate cost savings for consumers, the loss of the carbon rebate will have a greater impact on low-income families who benefited from it.

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