I wanted to share the findings of a recent report from the Fraser Institute regarding the amount of hidden taxes paid by Canadians. The Fraser Institute is a Canadian independent non-partisan research organization which operates as a think-tank focused on Canadian economic/educational issues and trends. Their latest report shows that on average, 42% of the average Canadian cash income goes towards visible and “hidden” tax. This marks a unique time in Canadian history where the average citizen is paying more in taxes than on daily expenses, such as food, clothing or property.
If you would like to read more on the report, you can follow the link below
If you were interested in other findings from the Fraser Institute, you can visit their website at www.fraserinstitute.org