This year's combined projected federal and provincial government deficits total $315.2 billion.
average canadian family tax bill
To understand the extent of our tax burden, we must consider all taxes.
A recent poll reported that the cost of living is one of the biggest worries for Canadians.
Prime Minister Trudeau is on track to increase per-person federal debt more than any other prime minister in Canadian history who didn’t face a world war or economic recession.
The government eliminated the children’s fitness tax credit, the education tax credit and more.
More than 55 per cent of all federal, provincial, and local taxes are paid by the top 20 per cent of income earning families.
Discussions about taxes are inevitably polarizing. Some Canadians think taxes are too high while others happily pay their share. But given the litany of taxes levied on us by the three levels of government, it is nearly impossible to get a sense of how much we truly pay.