Saskatchewan government to eliminate industrial carbon tax on April 1

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Premier Scott Moe is pausing Saskatchewan's industrial carbon tax.

The decision targets the carbon tax rate under the Output-Based Performance Standards (OBPS) program, which taxes large industrial emitters. The pause will go into effect on April 1.

"We have always stood from day one against this tax," said Premier Scott Moe on Mar27. 

"We don't think it is in any way an environmental tax, but ultimately is preventing investment and enhancing the inflationary costs that we are experiencing as Canadians."

The province said the pause will save families and businesses in the province hundreds of dollars a year.