Taxes Are the Largest Canadian Household Expense

Published: July 30, 2024, 7:08 p.m.

RECOVERING POLITICIANS: THE ONTARIO GOVERNMENT IS INVESTING $134 MILLION IN FIVE NEW POLICE HELICOPTERS\n\nLibby Znaimer is joined by George Smitherman, former Liberal MPP for Toronto Centre, Robin V. Sears, Crisis Communications Consultant and former NDP Strategist, and Lisa Raitt, former Deputy Leader of Conservative Party of Canada.\n\nLibby and guests touch on various political issues: Premier Doug Ford's decision to push tougher crime measures, including tracking bail decisions and increasing helicopter funding for car theft. At the municipal level, no sign of action to ease the terrible congestion since last week's announcement of $73 million for 24 hour construction and more.\n\n\n\nSOMALI COMMUNITY CENTRE PLAN IN ETOBICOKE PARK FACES DISPUTE OVER THE GREEN LAND\n\nLibby is now joined by Councillor Stephen Holyday of Ward 2 Etobicoke Centre and Christina Manulak, President of the Buttonwood Hill Residents Association.\n\nToronto's Somali Centre for Culture and Recreation (SCCR) proposal faces hurdles amid strong opposition from Buttonwood Park residents. The plan, intended to address decades of underfunding for the Somali community, would occupy three acres of the 10.6-acre park, drawing criticism from locals who value the green space.\n\n\n\nFRASER INSTITUTE STUDY SUGGESTS TAXES ARE NOW THE LARGEST HOUSEHOLD EXPENSE\n\nLibby is joined Jake Fuss, Director, Fiscal Studies at Fraser Institute to talk about the study that states in 2023, Canadian families spent 43.0% of their income on taxes, surpassing the combined cost of housing, food, and clothing. The average family earned $109,235 and paid $46,988 in taxes.