Friday - April 10, 2026
Canadian Centre for Policy Alternative: Oil Industry is Making Billions From the Iran War - It Should Be Taxed
April 10, 2026
OTTAWA, Ontario, April 10 -- The Canadian Centre for Policy Alternatives issued the following commentary on April 8, 2026, by Senior Economist David Macdonald and researcher Hadrian Mertins-Kirkwood:

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The oil industry is making billions from the Iran war--it should be taxed

The current windfall could be Canadian oil's final boom--so the proceeds must be reinvested into economic diversification and industrial planning

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