Fraser Institute: Ten year-end facts Canadians need to know

By Niels Veldhuis, Charles Lammam, and Milagros Palacios As we end 2017, here are 10 year-end facts Canadians should understand and consider as we enter 2018: The total tax bill for the average Canadian family will exceed $35,000 in 2017, or 42.5 per cent of their income—more than what the average family spends on housing, food and clothing combined. While the federal government has claimed it “cut taxes for middle-class Canadians everywhere,” the reality is that 81 per cent of middle-class families in Canada are paying higher federal income taxes…

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