Knezevic and Smith-Carrier: Falling poverty rate more proof of basic income’s effectiveness

Knezevic and Smith-Carrier: Falling poverty rate more proof of basic income's effectiveness

Getty Images Earlier this month, Statistics Canada released new data on poverty in Canada. Surprisingly, the rate of low-income in Canada had dropped dramatically — from 14 per cent in 2014 to 9.5 per cent in 2017.

What could drive this impressive decline?

First, it may be related to how we measure poverty. Until the release of the federal poverty reduction strategy, Canada — unlike our American counterparts — did not have an official poverty line. Researchers and policy-makers typically relied on three measures of low-income estimated by Statistics Canada, with the low-income measure (LIM) being the most prominent.The 2018 launch […]

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