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  1. 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. ...

  2. 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 ...

  3. Federal spending spree continues to outpace budget projections

    In 2021/22, federal program spending is projected to increase by roughly $51.0 billion. ...

  4. Tax cuts could create 110,000 jobs for Canadians

    Several provinces now have top combined income tax rates exceeding 50 per cent. ...

  5. 2021 budgets establish uncertain future for government finances in Canada

    The Trudeau government forecasts a $154.7 billion budget deficit in 2021/22. ...

  6. 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. ...

  7. 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. ...

  8. 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. ...

  9. 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. ...

  10. Federal ‘stimulus’ spending will likely arrive late with minimal benefits

    The government says $101 billion in stimulus spending is required for “sustained economic recovery.” ...