Adedokun Waliyu 
The parliamentary budget officer estimates the average Canadian family will save $280 on their taxes next year thanks to the Liberal government’s planned income tax cut.
A one-percentage-point cut to the bottom income tax bracket was a pillar of the Liberal campaign during the spring federal election.
Prime Minister Mark Carney’s plan pitched annual savings of up to $825 per dual-income family.
But the parliamentary budget officer says in a new analysis that the average family likely won’t get that much back.
A couple with a child who are both earning in the second income bracket would get closest, with $750 in average savings, but most single Canadians and seniors are expected to save less.
The Liberals tabled a ways and means motion last month that puts the tax cut in place starting July 1, but legislation to enact the change is still making its way through Parliament.
