Halifax –
A new study published Thursday said that a guaranteed basic income in Canada would help alleviate poverty, but could also jeopardize the financial sustainability and labor supply for some provinces.
Providing people with a monthly check will ensure that everyone has enough money to meet their basic needs, including food, housing and clothing, the report from the Atlantic Provinces Economic Council, a Halifax-based economic think tank, said.The study found that income support would reduce inequality, create a sense of financial security and encourage saving.However, the report said that a basic income program — whether it’s needs-based or comprehensive, with […]
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