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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.7 K' y0 v+ {( ?0 C
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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.6 }: J) p( z a" e! _" D: W. T
5 `) K2 K7 ?- d% lThe 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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# o0 Q; c- [2 m9 Whttps://ca.finance.yahoo.com/new ... port-152745917.html
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