70% of Canadians say crushing taxes destroying standard of living: Poll

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Source OTTAWA — We’re tapped out. That’s the message Canadians have for Ottawa in a new Ipsos poll conducted for the Montreal Economic Institute (MEI), which shows 70% of Canadians believe high tax burdens are having a negative impact on their cost of living. The results, released July 16, suggest a growing disconnect between government spending policy and the priorities of taxpayers. According to MEI’s vice-president of communications Renaud Brossard, Canadians are feeling the stress that high taxes are putting on their lives. “What they’re seeing is that a lot of what Ottawa is doing doesn’t necessarily seem to be alleviating that,” he said. Canadians want Carney to scuttle ‘sovereign wealth fund’ Much of the concern surrounds Prime Minister Mark Carney’s plan to establish a so-called “sovereign wealth fund,” Brossard said — a scheme the PM announced in April but isn’t gaining very...