Universal Basic Income

Universal Basic Income

start=”1″> Canada is betting on a universal basic income to help cities gutted by manufacturing job loss

Segal recommended setting the handout at a minimum of three-quarters of Canada’s official poverty line. At that level, a single adult would receive an annual basic income of $16,989, almost double the $8,472 max payment under the province’s current welfare program.

Over 1.7 million people in Ontario live on incomes below the poverty line—$20,676 for a single person, or $41,351 for a household of four, according to 2011 data compiled by Statistics Canada. Many of the province’s poor […]

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