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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.% {* B) s: T8 H+ j' {, N
/ u) b5 a" w3 ?7 @* a0 x4 dThe 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.7 D* T l. o& i
8 R z" T7 O7 b3 I% Z1 ^, ZThe 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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/ k& f8 j5 V; u+ Nhttps://ca.finance.yahoo.com/new ... port-152745917.html& X' Y0 _5 _" E, W/ D
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