A Guaranteed Basic Income (RBG) would reduce the poverty rate in Quebec by more than 60.4% and by 49% in Canada, according to a new report from the Parliamentary Budget Officer (PBO).
These estimated reductions in the poverty rate are calculated using the Market Basket Measure (MBM), which is based on the average price of basic goods and services.
The estimated impacts of RBG vary significantly by income bracket, with the greatest beneficiaries of this measure being those at the bottom of the annual income scale.For 20% of people at the bottom of the income scale in Canada, the BG […]
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