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. Memo to Prime Minister Trudeau—you increased the tax burden on Canadian families

   Appeared in the Moncton Times & Transcript, June 25, 2019 Providing tax relief for Canadian families has been a stated priority for the Trudeau government since it assumed office. However, despite any rhetoric to the contrary, the tax burden for the ...

4. 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 ...

5. 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 ...

6. 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 ...

7. The finance minister said what? Part 2

   Federal Finance Minister Bill Morneau (pictured above) recently appeared on BNN Bloomberg and made a number of incredibly worrying statements indicating that he (and the federal government) are either wholly misunderstanding the ...

8. Ten year-end facts Canadians need to know

   As we end 2017, here are 10 year-end facts Canadians should understand and consider as we enter 2018: • The total tax bill for the average Canadian family will exceed $35,000 in 2017, or 42.5 per cent of their income—more than what the ...

9. Canada’s competitiveness problem with the personal income tax

   In 1917, Canada’s political leaders were worried about what the introduction of a personal income tax would mean for the nation’s international competitiveness and its continued ability to attract investment and people. As Canada ...

10. 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 ...