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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./ o1 ]6 t' ~( ]
6 E% H5 T: j' M7 z. R' v) z8 RThe 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.1 x0 m0 S6 ^9 g! s
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The 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.
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# z w Z" @3 g6 i, jhttps://ca.finance.yahoo.com/new ... port-152745917.html4 r3 Z) W+ O+ M
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