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September 25, 2023
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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

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