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2008

Tax Freedom Day 2025 ChatGPT Created

Tax Freedom Day?

Tax Freedom Day, according to the Fraser Institute, is the symbolic date when Canadians stop working for the government (via taxes) and start earning for themselves. In 2025, Tax Freedom Day lands on June 8th—a slight improvement from 2008’s June 14th. This milestone highlights the significant portion of income most Canadians lose to taxes—often over 50%. While the day is marketed as a celebration, it also sparks reflection on government spending and personal financial struggles. With many households tightening budgets and seeing no wage increases, this day serves as a reminder to advocate for smarter government spending. Use the Institute’s online tool to find your personal Tax Freedom Day and see how much of your work truly pays you.

Singing Horses ?

Happy Father’s Day

Happy Father’s Day to all those fathers out there. Your kids may not tell you how much you mean to them, but you know they love you.

tuition inflation 100 dollars money cash

Short Takes for a Friday May 2008

Unbelievable! Gas station owners in Quebec face charges of price fixing. Explore the implications of this practice on gas prices and consumer affordability.

Canada vs US Prices at Dollar Parity created by ChatGPT

Canada vs U.S. Prices at Dollar Parity: Why We Still Paid 18% More in 2008

In 2008, even with the Canadian dollar at parity with the U.S. dollar, Canadian consumers still paid significantly more — up to 18% more on identical goods, according to a BMO survey. This article examines long-standing price disparities between Canada and the U.S., highlighting examples like CDs and everyday consumer goods. It also reflects on the concept of “The Tim Horton’s Savings Plan” and explores how behavioral saving strategies could tie into spending habits. The post also includes housing market data from Stats Canada, showing how new housing prices varied across cities in April 2008, with explosive growth in places like Regina and Saskatoon. While historical, the lessons about pricing fairness and savings habits remain timely for Canadians.

Debt Subliminal

Debt Makes Me Sick

Yesterday I revealed that carrying debt is making me sick (not figuratively, but physically). I am impressed that I confessed this truth about myself: debt makes me sick. In my situation, it is better to… Read More »Debt Makes Me Sick

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