NEW - Your Real Number One Expense Isn't Rent or Groceries

Ian Lee makes the case that taxes, not groceries or housing, are the actual biggest expense for working Canadians, and explains why that conversation almost never comes up compared to gas or grocery prices. Ian points to a specific example that surprised even him personally: at age 65, prescription drug costs automatically shift from private insurance to government funding, regardless of how comfortable someone already is. He argues this kind of universal benefit is part of why taxes keep climbing. There are also rumours circulating in Ottawa right now about a possible 2% HST increase and a new capital gains tax on principal residences. Ian explains why Canadians should be paying close attention to both before either becomes reality. Topics: taxes, cost of living, government spending, HST, capital gains GUEST: Ian Lee Originally aired on 2026-09-14