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1. This year, Canadians celebrate Tax Freedom Day today—June 10

   This year Canadians celebrate Tax Freedom Day on June 10. That means if you paid your annual tax bill up front, you’d give government every dollar you earned before Tax Freedom Day. It’s only from June 10 onward that you’re finally ...

2. 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 ...

3. Another wake-up call for Canadian governments to improve investment climate

   Suncor, one of the country’s largest energy companies, recently gave Canadian governments what should be a piercing wake-up call. CEO Steve Williams said his company won’t tackle any new major projects in Canada and his company will ...

4. Workers, not businesses, will ultimately pay B.C.’s new payroll health tax

   A key policy announcement in B.C.’s 2018 budget is the elimination of Medical Services Premiums (MSP) in 2020 and introduction of a new payroll tax—the employer health tax (EHT). Some claim this tax swap will lift the financial burden ...

5. Call a spade a spade—CPP payroll tax is a tax

   Our recent study found that virtually all Canadian families with children will soon pay higher taxes due to federal income tax changes already in place and forthcoming increases to the Canada Pension Plan (CPP) payroll tax. If the ...

6. Reality undercuts Trudeau government’s tax-cutting claim

   There’s no doubt that Prime Minister Justin Trudeau is being asked some tough questions on his current cross-country town hall tour. But a recent study on taxation raises yet another critical question for the prime minister. For a ...

7. If you think June 9 is too late for Tax Freedom Day, just wait

   Appeared in the Toronto Sun, June 9, 2017 The official start of summer is just a few weeks away and we’re fast approaching the half-way point of the year. So consider this—if you had to pay all your taxes for the year up front, you would have worked for ...

8. 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 ...

9. Federal tax increases draining the pockets of Canada’s middle class

   You really have to scratch your head and wonder. For a government that claims to want to cut taxes on Canada’s middle class, the Trudeau Liberals are doing a bang up job of increasing them. The latest potential tax hike could come from ...

10. 42 per cent of income goes to taxes—some 'value' perspective for Canadian families

    The Toronto Star editorial board yesterday discussed our recent study finding that the total amount of taxes paid by the average Canadian family now consumes over 42 per cent of income—more than the 38 per cent spent on food, clothing, ...