Scrolling through the numbers, what stands out about Bill Morneau is not his deficits but his taxes. (Bill Nye may be the science guy but Bill Morneau was the taxing pro.) Real income taxes per Canadian rose from $5,691 in 2016 to $6,084 in 2019, an all-time high. Same thing for personal income taxes, which hit their all-time high of $4,437 per Canadian in 2019.
The new taxes were to finance government spending, where Morneau also holds the record. Per capita program expenditure rose from $8,078 in 2016 to $8,725 in 2019, an increase of eight per cent real (inflation-adjusted) per person.
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