Basic income would ease poverty but require higher taxes, spending cuts: Study

Basic income would ease poverty but require higher taxes, spending cuts: Study

Canadian dollars (loonies) are pictured in Vancouver, Sept. 22, 2011. A new study says a basic income program would help alleviate poverty in Canada but could also put the fiscal sustainability and labour supply of some provinces at risk.THE CANADIAN PRESS/Jonathan Hayward HALIFAX – A guaranteed basic income in Canada would help alleviate poverty but could also put the fiscal sustainability and labour supply of some provinces at risk, a new study published Thursday says.

The report by the Atlantic Provinces Economic Council, a Halifax-based economic think tank, said providing people with a monthly cheque would ensure everyone has enough […]

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