VANCOUVER--The average Canadian family spends more on taxes than on food, clothing and shelter combined, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
"Over the past five decades, the tax bill for the average Canadian family has ballooned, and now the amount of money going to taxes is greater than what's spent on life's basic necessities," said Charles Lammam, director of fiscal studies at the Fraser Institute and co-author of the Canadian Consumer Tax Index, which tracks the total tax bill of the average Canadian family from 1961 to 2014.