Discuss citizens and corporate tax for industry

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Reference no: EM131685564

There has been much discussion lately regarding a carbon tax in Canada. The purpose of the tax is to meet targets for greenhouse gas emissions and redistribute wealth in Canada.

The plan is revenue neutral as it will reduce income tax for citizens and corporate tax for industry.

That being said, how will an increase in cost (adding cost to fuel and heating increases the cost of everything) to fuel affect some of the cardinal industries in Nova Scotia

Tourism
Agriculture
Forestry
Fishing

How will such a tax affect

The elderly and the poor who will not receive rebates because of their fixed or low incomes.

Reference no: EM131685564

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