Subhead:Taxes will continue trending upward in 2026 cautions the Canadian Taxpayers Federation, as Prime Minister Carney’s government is poised to increase payroll, alcohol and the industrial carbon taxes this year.#
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If there’s one New Year’s resolution Canadians could benefit from in 2026, it’s a lowering of the massive tax burden citizens hand over to the government. A new release from the Canadian Taxpayers Federation is calling on Prime Minister Carney to do just that — give Canadians a break where they’re being hurt the hardest, in their bank account.
“Canadians are already overtaxed and need serious tax cuts to make life more affordable and make our economy more competitive. But at best, the New Year will bring a mixed bag for Canadian taxpayers,” wrote Franco Terrazzano, federal director of the taxpayer advocacy group.
Franco joined Thursday night’s episode of The Ezra Levant Show to discuss why he’s “a little optimistic,” though certainly not naive, what may come as another year begins.
Canadians are already “way overtaxed,” he told Ezra, and that’s not even factoring in how Canada’s massive debt burdens taxpayers with interest payments of “more than a billion dollars every single week.”
