Since 1961, the average family’s tax bill has increased 180.3 per cent after adjusting for inflation.
federal taxes
August 1, 2024
2:30AM
Eighty-six per cent of middle-income families now pay more in taxes than they did in 2015.
June 5, 2024
10:30AM
The government plans to run annual budget deficits of $20 billion or more for the next five years.
September 14, 2023
1:00AM
June 15, 2022
9:45AM
The government permanently increased the tax rate for banks and life insurance companies to 16.5 per cent on profits over $100 million.
February 9, 2022
10:20AM
Sixty per cent of the bottom 20 per cent of taxpaying families with children now pay $233 more (on average) in federal income taxes.
January 20, 2022
9:31AM
Nearly nine in 10 middle-class families now pay more personal income taxes.
December 16, 2021
4:45AM
The top 20 per cent of income-earning families in Canada pay more than half of total taxes.
July 22, 2021
8:32AM
This government’s policies depart from the consensus of previous governments both Liberal and Conservative.