At 44.9 per cent, Burnaby’s heavy industry tax rates were more than 22 times higher than its residential tax rates.
Motorists in Vancouver will see the gasoline tax increase by 1.5 cents per litre.
In 2017, the average Canadian family with two or more people will pay $47,135 in total taxes.
When established in 1917, Canada’s Income Tax Act contained 3,999 words compared to 1,029,042 words today.
Once government spending surpasses 30 per cent of GDP, economic growth declines.