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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.5 H; `+ E1 T0 C& S+ v3 m
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The Fraser Institute found the average Canadian family’s tax burden last year represented 44.2 per cent of its income, versus 36.3 per cent spent on basic necessities.9 c/ [) O% H/ r3 K8 M( k4 W
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The authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.
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https://ca.finance.yahoo.com/new ... port-152745917.html' X+ B, _, {# d6 q& ^
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