16.1 C
New York
September 25, 2023
Worship Media
Business

Canadian advocates of tax on oil and gas sector can now point to EU for inspiration

Proponents of imposing a windfall tax on the Canadian oil and gas industry now have another global power setting precedent for the policy. On Wednesday, the European Commission proposed levying such a tax on the energy sector and redirecting funds to households and businesses struggling with high inflation. It estimates the policy would bring in around $186 million in revenue. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/canadian-advocates-of-tax-on-oil-and-gas-sector-can-now-point-to-eu-for-inspiration-1.6073433

Related posts

P.E.I. lozenge plant lays off 30 workers after weak cold and cough season

CTV News

Europe shares, U.S. futures higher as Omicron virus fear eases

CTV News

North American stock markets plunge at start of trading, loonie falls

CTV News

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy