Posted AT 12:50 PM EST on 26/02/08
Canadians spend more on housing, less on taxes
Canadians are spending a greater chunk of their incomes on housing, air travel and cell phones while the proportion devoted to personal taxes has hit a 14-year low, a government report showed Tuesday.
Canadians were in an expansive mood in 2006, boosting spending by 4.6 per cent from 2005 — more than twice the rate of inflation, Statistics Canada said in its survey of household spending.
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