Increased government transfers make families more reliant on government.
income tax rates
Effect of Federal Income Tax Changes on Canadian Families Who Are in the Bottom 20 Percent of Earners
After seven years of budget deficits and over $160 billion in new debt, the federal government confirmed in its financial update Wednesday that it expects to record a surplus next year.
Prime Minister Stephen Harper recently announced his government will introduce income splitting for tax purposes at an annual cost of roughly $2 billion.