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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.
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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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' k; |5 U G0 j5 F: w9 l% SThe 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.0 k: x% D/ B: _9 j) P- C# P( r; q
# ^ a, O1 l- `8 }3 ~8 Ghttps://ca.finance.yahoo.com/new ... port-152745917.html- e: F1 w/ O9 ~3 r# W
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