Tax study
Canadians pay more on taxes than housing, food and clothing combined – study
Aug 1, 2019 | 10:52 AM
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PRINCE GEORGE — A new study by the Fraser Institute says the tax bill of the average Canadian family has increased by a whopping 2,200 per cent since 1961.
That includes all types of taxes. Combined, the average Canadian family now spends more of its income on taxes than it does on basic necessities such as food, shelter and clothing.
For instance last year, the average family earned almost $89,000 and paid over $39,000 in taxes. That’s just over 44 per cent on taxes compared to 36 per cent on the basic necessities.
That’s a big shift since 1961 when the average family spent about 33.5 per cent on taxes and 56 per cent on the basic necessities.
