The Canadian government encourages certain types of business activity by:
A) letting businesses in certain areas pay their taxes one year late with no penalties.
B) using moral suasion.
C) offering tax credits.
D) regularly lowering the general tax rate for all businesses.

Question

Quizplus · Accepted Answer

Offering tax credits is a direct method used by the Canadian government to encourage certain types of business activities, such as research and development, by reducing the amount of tax that businesses owe.

The Canadian Government Encourages Certain Types of Business Activity By