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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.3 d2 F7 z% D7 g! g
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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.
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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 $88,865 in annual income.: z9 h; o0 }$ [- F4 L7 d2 [
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https://ca.finance.yahoo.com/new ... port-152745917.html- _2 P# m: o5 |4 v$ d
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