Consumer carbon tax removed effective April 2025 — no carbon charge on gasoline or heating. Industrial OBPS under review in 2026 and may be strengthened. Carbon price set at $95/tonne for industrial emitters. Canada is no longer on track for either the 2026 interim target or the 2030 target of 40-45% reductions. 2035 target increasingly unreachable. This represents a fundamental pivot from universal pricing to industrial-only carbon regulation.

Epoch: 116

Domain: environment

Fiscal cost estimate: +$0.00B CAD net (RIPPLE-derived; LLM omitted)

Variable changes

• climate_target_gap_2030: {"new": 85.0, "old": 45.0}
• industrial_obps_stringency: {"new": 0.72, "old": 0.65}
• consumer_carbon_price_effective: {"new": 0.0, "old": 80.0}

Chamber amendment (round 1): Include 5-year price stability guarantees for existing industrial facilities to ensure investment certainty.

Targets consumer_carbon_price_effective.