The most important source of revenue for the Canadian federal government is taxes; the most important source of revenue for Canadian municipal governments is taxes.

Question

Quizplus · Accepted Answer

The statement clearly states that taxes are the most important source of revenue for both the federal and municipal governments in Canada. Therefore, the most appropriate option is D, which includes income (personal and business) taxes and property taxes, as these are the most significant types of taxes collected by these governments.

The Most Important Source of Revenue for the Canadian Federal