EXHIBIT 12.1



CERTIFICATIONS



I, Catalin Chiloflischi,
certify that:



| | 1. | I have reviewed this annual report on Form 20-F of Canarc Resource Corp.;
| | -- | -------------------------------------------------------------------------



| | 2. | Based on my knowledge, this report does not contain any untrue statement of a material fact or
omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;
| | -- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 3. | Based on my knowledge, the financial statements, and other financial information included in this
report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as
of, and for, the periods presented in this report;
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 4. | The
 Company's other certifying officer(s) and I are responsible for establishing
 and maintaining disclosure controls and procedures (as defined in Exchange Act
 Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting
 (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and
 have:
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | a. | Designed such disclosure controls and procedures, or caused such disclosure controls and procedures
to be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | b. | Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
| | -- | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | c. | Evaluated
 the effectiveness of the Company's disclosure controls and procedures and
 presented in this report our conclusions about the effectiveness of the
 disclosure controls and procedures, as of the end of the period covered by this
 report based on such evaluation; and
| | -- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------









| | d. | Disclosed
 in this report any change in the Company's internal control over financial
 reporting that occurred during the period covered by the annual report that has
 materially affected, or is reasonably likely to materially affect, the Company's
 internal control over financial reporting; and
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | 5. | The
 Company's other certifying officer(s) and I have disclosed, based on our most
 recent evaluation of internal control over financial reporting, to the Company's
 auditors and the audit committee of the Company's board of directors (or
 persons performing the equivalent functions):
| | -- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | a. | All
 significant deficiencies and material weaknesses in the design or operation of
 internal control over financial reporting which are reasonably likely to
 adversely affect the Company's ability to record, process, summarize and
 report financial information; and
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | b. | Any
 fraud, whether or not material, that involves management or other employees who
 have a significant role in the Company's internal control over financial
 reporting.
| | -- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------





DATED at Vancouver, British Columbia, Canada, as of
April 27, 2016.





/s/ Catalin
Chiloflischi



Catalin
Chiloflischi, Chief Executive Officer