Study: Canadian Families Now Spend More on Taxes Than Necessities

Published 6 days ago

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Above: Government of Canada Groceries and Essentials Benefit cheque is shown in Montreal on July 17, 2026. Image credit: Graham Hughes/NurPhoto/Getty Images

The Spin

Taxes have officially outpaced food, shelter and clothing combined for the average Canadian family, eating up 41.9% percent of income. That tax bill ballooned almost 190% percent since 1961 after inflation, growing way faster than paychecks ever did. And for what? Pothole-filled roads and a healthcare system that's impossible to actually use? Governments need to cut taxes now and let families keep their own hard-earned money instead of funding bloated, poorly designed programs.

Franco Terrazzano on X Financial Post

Melissa on X

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