What your tax dollar buys you
As you sit down to do your taxes this weekend, you'll be painfully reminded of just how much you contribute to the smooth functioning of our society. In the 2013-14 fiscal year, the government spent $276.8 billion, and 80 per cent of it came from tax revenue. We take a look at how those tax dollars were divvied up.
Federal government collected $220B in taxes last year, almost half of it from personal income tax
Come tax time, we are painfully reminded of just how much we contribute to the smooth functioning of our society, but just where does all that income tax collected at this time of year go?
In the 2013-14 fiscal year, the government spent $276.8 billion, and 80 per cent of it, or $219.9 billion, came from tax revenue. We take a look at how those tax dollars were divvied up.
Hover over the loonies to see how each tax dollar breaks down.
Source: Department of Finance Canada. Figures are for fiscal year ended March 31, 2014.