The Current

Should Big Oil’s windfall be taxed?

19 min · 6 aug 2026
aflevering Should Big Oil’s windfall be taxed? artwork

Beschrijving

Canadian consumers are being hit with skyrocketing prices on oil and gas as a result of the US-Iran war. At the same time, oil and gas companies in Canada and around the world are recording record-breaking profits because of the surge in demand, sparking debate on whether they should be taxed more. We hear from both sides of the debate and explore what regulations are currently in place in Canada to protect consumers from price shocks.

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