Canadians Celebrate Tax Freedom Day on June 9, 2014
The Fraser Institute annually calculates Tax Freedom Day in order to provide a comprehensive and easily understood indicator of the overall tax burden faced by the average Canadian family. Tax Freedom Day is the day in the year by which the average Canadian family has earned enough money to pay all taxes imposed on it by the three levels of Canadian government: federal, provincial, and local. If Canadians were required to pay all taxes up front, they would have to give governments each and every dollar they earned prior to Tax Freedom Day. In 2014, Tax Freedom Day fell on June 9, one day later than 2013 when Tax Freedom Day fell on June 8.
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