New Fraser report: Average Canadian family spent 42.3% of income on taxes—more than on housing, food and clothing combined

July 24, 2025

The average Canadian family now spends more of its income on taxes (42.3%) than it does on basic necessities such as food, shelter, and clothing combined (35.5%). By comparison, 33.5% of the average family’s income went to pay taxes in 1961 while 56.5% went to basic necessities…