💰 Where do your tax dollars actually go?
Every year, Canadians contribute billions in taxes but how is that money spent?
Federal tax dollars help fund essential public services and programs, including:
◾ Finance costs: (10.6%)
◾ Transportation (7.5%)
◾ Defence (13.0%)
◾ Health (15.1%)
◾ Social Transfers (24.1%)
◾ Public Safety (4.6%)
◾ Other programs (7.6%)
◾ Other Transfers To Provinces (17.5%)
Understanding where public money is allocated is key to having informed discussions about government priorities, fiscal policy, and the value Canadians receive for their tax dollars.
