🇨🇦 Where Do Your Taxes Go?

The Canadian federal budget for fiscal year 2024-25 outlines spending priorities across healthcare, seniors' benefits, and infrastructure. This calculator shows federal tax allocation only.

Key Budget Categories:

• Elderly Benefits (17%): Old Age Security (OAS) and Guaranteed Income Supplement (GIS)
• Health Transfers (15%): Canada Health Transfer to provinces
• Children & Families (8%): Canada Child Benefit (CCB)
• Employment Insurance (7%): EI benefits for unemployed workers
• Defence (7%): Canadian Armed Forces and security

Source: Department of Finance Canada, Budget 2024