Search

Search results

  1. Canadians Celebrate Tax Freedom Day on May 24, 2021

    In 2021, the average Canadian family will earn $124,659 in income and pay an estimated $48,757 in total taxes (39.1%). If the average Canadian family had to pay its taxes up front, it would have worked until May 23 to pay the total tax bill imposed on it ...

  2. Illustrating the Tax Implications of a Guaranteed Annual Income

    Policymakers and the general public have paid increasing attention to the notion of introducing a GAI program in Canada. A guaranteed annual income (GAI) is a cash transfer paid by the government to individuals or households to ensure a minimum ...

  3. Canadians Celebrate Tax Freedom Day on June 14, 2019

    In 2019, the average Canadian family will earn $117,731 in income and pay an estimated $52,675 in total taxes (44.7%). If the average Canadian family had to pay its taxes up front, it would have worked until June 13 to pay the $52,675 total tax ...

  4. Canadians Celebrate Tax Freedom Day on June 10, 2018

    In 2018, the average Canadian family will earn $115,724 in income and pay a total of $50,464 in taxes (43.6%). If the average Canadian family had to pay its total tax bill of $50,464 up front, it would have worked until June 9 to pay the total tax ...

  5. Canada’s Past Fiscal Leaders Are Now Fiscal Laggards: An Analysis of 2017 Provincial Budgets

    Around the turn of the 21st century, Alberta and Ontario could both boast of having comparatively sound public finances relative to most other provinces. In recent years, however, serious fiscal problems have emerged in both provinces. Alberta and Ontario ...

  6. Canadians Celebrate Tax Freedom Day on June 9, 2017

    In 2017, the average Canadian family will earn $108,674 in income and pay a total of $47,135 in taxes (43.4%). If the average Canadian family had to pay its total tax bill of $47,135 up front, it would have worked until June 8 to pay the total tax ...

  7. Examining the Revenue Neutrality of British Columbia's Carbon Tax

    British Columbia’s carbon tax is often praised as a model for other jurisdictions to follow, in part due to its alleged revenue neutrality. However, in the eight years since it was introduced, the offsetting tax measures used in the government’s revenue ...

  8. A Federal Fiscal History: Canada, 1867-2017

    The Canadian federation’s 150th anniversary is an important milestone for a country that has become one of the most successful countries in the world. Canada’s economic evolution from a rural agricultural nation to a modern, highly urbanized, service ...

  9. Canadians Celebrate Tax Freedom Day on June 7, 2016

    In 2016, the average Canadian family will earn $105,236 in income and pay a total of $45,167 in taxes (42.9%). If the average Canadian family had to pay its total tax bill of $45,167 up front, it would have worked until June 6 to pay the total tax bill ...

  10. Measuring Personal Income Tax Complexity in Canada

    Canadian families and businesses incur significant costs complying with the tax system. Those costs include direct spending on items such as accountants, lawyers, and computer software, as well as the financial cost of the time it takes to compile the ...