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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.
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% e! j/ x1 U' Z" FThe Fraser Institute found the average Canadian family’s tax burden last year represented 44.2 per cent of its income, versus 36.3 per cent spent on basic necessities.
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- A6 x3 p! L. O9 a! JThe authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.+ @" d/ o& u* y: [ g# l' x
- {! K4 z7 p% ~( q- c6 Zhttps://ca.finance.yahoo.com/new ... port-152745917.html& M2 @* i R# F+ L$ f
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