Tag: tax
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New report finds that the average Canadian family spends more money on taxes than basic necessities.
The latest edition of the Canadian Consumer Tax Index highlights a concerning trend: the tax burden on Canadian families has surged dramatically, with a staggering 2,705% increase in total taxes from 1961 to 2023. This rise is stark when compared to other essential expenditures such as shelter, food, and clothing, which have increased by 2,006%,…
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Toronto’s proposed “rain tax” sparks controversy
Toronto is on the brink of implementing a “stormwater charge” alongside incentives for stormwater management and a supplementary water service charge. This innovative approach could transform the city’s water infrastructure handling and bolster its environmental stewardship. The proposal emerges from the urgent need to revamp Toronto’s outdated stormwater infrastructure, which is increasingly overwhelmed by the…
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