Saturday, January 17, 2026

Poilievre Vows to Scrap Industrial Carbon Pricing Amid Falling Poll Numbers

Conservative Party Leader Pierre Poilievre pledged to eliminate Canada’s industrial carbon pricing system if elected, a move experts warn would undermine the country’s emission reduction efforts and potentially harm economic competitiveness.

“We will take the carbon tax off your gas, heat and food,” Poilievre said on Monday. “But we will also axe the tax on Canadian steel, aluminum, natural gas, food production, concrete and all other industries.”

The announcement comes days after Prime Minister Mark Carney removed the consumer carbon price as one of his first actions in office, suggesting Poilievre is seeking to maintain the carbon tax as a political wedge issue despite the shifting landscape.

His promise comes as the political tide has turned sharply against the Conservatives. According to an Angus Reid poll released Monday, Liberals under Carney have surged to 42% support compared to the Conservatives’ 37%, erasing a more than 20-point Conservative lead from just a couple of months ago.

The same poll shows Canadians prefer Carney over Poilievre by a significant margin on economic issues. 55% of respondents said Carney would better handle trade disputes with the United States, compared to just 31% for Poilievre — a critical finding as experts warn about trade implications of removing carbon pricing.

Economic analysts also question the policy’s economic rationale. They warn the European Union will implement carbon border tariffs next year that would make Canadian exports more expensive if they lack domestic carbon pricing.

“Us removing our industrial price is not only offside with the Europeans… but we may end up offside with the Americans,” Chris Bataille, an adjunct research fellow at Columbia University specializing in industrial emissions, to the National Observer. Bataille also described Poilievre’s move as desperate.

“It reeks of desperation, to be honest,” he said.

Industry groups representing steel producers, manufacturers, and chemical companies previously described industrial carbon pricing as “the backbone of decarbonization” in a letter to provincial environment ministers last October.

According to the Canadian Climate Institute, industrial carbon pricing is projected to deliver between 20% and 48% of Canada’s emissions reductions by 2030, making it a cornerstone of the country’s climate strategy.

The Prime Minister’s office responded that Poilievre’s opposition to environmental plans “has always been designed to let the biggest polluters off the hook.”


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. If Canada will axe the carbon pricing it is a blessing for the Canadian citizen and economy.

    If the EU will implement carbon tariffs on imports Canadian exports, oil, nickel, aluminium, grain will be affected in the same way as such imports from other parts of the world. It makes Europe poor but will not change competitiveness of the Canadian economy.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

Poilievre’s Trades Worker Plan Draws Union Support As Campaign Hits Prairies

Conservative Leader Pierre Poilievre’s plan to expand tax benefits for trades workers has garnered support...

Monday, March 31, 2025, 11:04:00 AM

New Poll Shows Most Canadians Feel that “Canada Is Broken”

A new poll from the National Post completed by Leger reveals that 67% of Canadians...

Wednesday, February 8, 2023, 07:32:00 AM

Over $80B Deficit Estimated As Carney Budget Update Still Missing

Prime Minister Mark Carney’s budget is being put into question in reference to disclosing the...

Thursday, September 11, 2025, 10:02:00 AM

Carney Is Already Changing His Tune On Energy Pipelines

Prime Minister Mark Carney appears to be re-evaluating his stance on pipelines as the centerpiece...

Tuesday, April 15, 2025, 11:24:00 AM

Liberal Backbenchers Reportedly Push Secret Ballot Reform, Testing Carney’s Grip

An alleged brewing rebellion within Liberal ranks is poised to test Prime Minister Mark Carney’s...

Thursday, May 22, 2025, 03:43:00 PM