In 2024, Canada is considering a transformative approach to social welfare through the introduction of a New Guaranteed Basic Income (GBI) initiative, encapsulated in Bill S-233, known as the “Guaranteed Livable Basic Income Act.” This legislative proposal, championed by Senator Kim Pate, is designed to address the escalating cost of living and the economic challenges faced by Canadians, which have been intensified by recent inflationary trends.
The Guaranteed Basic Income (GBI) Initiative is a financial support model designed to provide monthly payments to low-income individuals and families without the conditional requirements typically associated with welfare or income support programs. This […]
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