Our tax lawyers are always fretting about the passive income we are targeting to be taking in. I have made this my full time job. Do other Canadian investors all maintain active income to reduce the burn?!
Paying taxes doesn't have to be painful. In Canada, we get so much in return (ie free community centers/programs, student assistance, etc). The way I see it, paying taxes is an indication of how well you are doing. You can minimize the taxes by making some strategic investments. Reach the passive income target your want. Don't let this be an excuse. Align this with the life style you want (ie travel more, work less, spend more time with family...).