Basic Income Could Cost Less Than Money Spent On CERB: Watchdog

Basic Income Could Cost Less Than Money Spent On CERB: Watchdog

OTTAWA — The federal budget watchdog estimates a six-month guaranteed basic income for all eligible Canadians could cost the government less than what has already been spent on Canada Emergency Response Benefit (CERB) payments over a four-month period.

Parliamentary Budget Officer Yves Giroux released a new report Tuesday in the wake of emergency money that’s been rolled out to soften the “ brutal ” economic impacts of the COVID-19 pandemic.

“The introduction of CERB has brought discussions of universal basic income to the forefront once again,” the PBO wrote in its report.A basic income for the last six months of the […]

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