CANADIANS SPEND 43% OF INCOME ON TAXES

Canadian Consumer Tax Index 2018 finds that last year the average Canadian family spent 43 per cent of its income on taxes, more than housing, food and clothing costs combined, which made up just 35.6 per cent. The annual study tracks the total tax bill of the average Canadian household from 1961 to 2017, and looks at both visible and hidden taxes that families pay to the federal, provincial and local governments, including income, payroll, sales, property, health, fuel and alcohol taxes, and more.