Ontario’s per-capita tax burden has risen to $9,406 this year, according to a study from the Fraser Institute, which notes the tax contribution per Ontarian has seen an increase relative to the economic scale in recent years.
Tax revenue in 2017-2018 was equivalent to 12.1 percent of gross domestic product (GDP). In 2023-2024 it was 13.4 percent.
The study says there have not been “meaningful” tax rate reductions applied to any of the major tax categories in Ontario during the tenure of the Progressive Conservative government and the overall tax burden has grown whether measured in real per-capita terms or relative to provincial GDP….