Search
Search results
-
Tax burden growing in Canada, higher taxes loom on the horizon
The federal and provincial governments project combined budget deficits of $233.5 billion in 2021. ...
-
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 ...
-
Federal spending spree continues to outpace budget projections
In 2021/22, federal program spending is projected to increase by roughly $51.0 billion. ...
-
Tax cuts could create 110,000 jobs for Canadians
Several provinces now have top combined income tax rates exceeding 50 per cent. ...
-
2021 budgets establish uncertain future for government finances in Canada
The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...
-
Trudeau ‘childcare’ plan remains opaque, contradicts other federal policy
The plan calls for $27.2 billion over the next five years to reduce daycare costs. ...
-
Trudeau government spending large on Canada’s credit card
Federal program spending in 2021/22 is $54.4 billion higher than planned in November 2020. ...
-
Federal budget speech disregards key drivers of economic prosperity
From 2016 to 2019, Canada saw relatively low rates of growth in incomes and private-sector job creation. ...
-
B.C. budget lacks effective plan for finances and economy
Program spending is projected to increase from pre-pandemic levels by 15.2 per cent in 2021/22. ...
-
Federal ‘stimulus’ spending will likely arrive late with minimal benefits
The government says $101 billion in stimulus spending is required for “sustained economic recovery.” ...