Canadian Families Spend More On Taxes Than Necessities
Summary by kingsvilletimes.ca
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Canadian Families Spend More On Taxes Than Necessities
The average Canadian family spent 42.3 per cent of its income on taxes in 2024—more than on housing, food and clothing combined, finds a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “At a time when the cost of living is top of mind across the country, taxes remain the largest household expense for Canadian families,” said Jake Fuss, director of fiscal studies at the Fraser Institute…
·Kingsville, Canada
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