All About Your Tax Dollar – 2010-11

July 18, 2012

Where are your tax dollars spent?

  • Canada Health Transfer (10 cents)
  • Canada Revenue Agency (3 cents)
  • Canada Social Transfer (4 cents)
  • Children’s benefits (5 cents)
  • Crown corporations (4 cents)
  • Defence (8 cents)
  • Employment Insurance benefits (7 cents)
  • Other major transfers to other levels of government (6 cents)
  • Other operations (12 cents)
  • Other transfer payments (14 cents)
  • Public debt charges (11 cents)
  • Public Safety (3 cents)
  • Support to elderly (13 cents)

Where does this money come from?

  • Corporate income tax (13 cents)
  • Earnings by Crown corporations and revenues from the sale of goods and services (12 cents)
  • Employment Insurance premiums (7 cents)
  • Non-resident withholding taxes, customs import duties, energy taxes and excise taxes and duties on alcohol and tobacco (8 cents)
  • Personal income tax (48 cents)
  • Revenues from the Goods and Services Tax (12 cents)

For more detailed information, please click here.

If you would like to continue deepening your understanding of how and where your tax dollars are spent and raised, click here. (Adobe Presentation)