Prime Minister Justin Trudeau speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Tuesday, March 23, 2021. Article content
Last week, the federal Liberals adopted a policy resolution to introduce a universal basic income in Canada. The stated objective is to alleviate poverty by providing cash transfers to Canadians. However, such a program would come with a massive price tag and unintended consequences.
A universal basic income (UBI) is one of many types of guaranteed annual income programs. Generally, UBI refers to the government distributing a flat amount of money to everyone, regardless of income. […]
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