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The average Canadian household spent nearly $40,000 in taxes in 2018, more than housing, food and clothing costs combined, according to a new report.2 F% |4 e/ C7 c& V+ [$ o& f
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The 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.$ M) T5 ?. I. X; y) ^# J
0 j K% }+ l6 u3 vThe authors calculated a typical Canadian household spent $39,299 in 2018 on taxes, and $32,214 on basic needs, while earning $88,865 in annual income.% a: }. W' |& Z' h$ [" l+ \
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