Budget Officer fixes cost of basic income as calls increase due to COVID-19

Budget Officer fixes cost of basic income as calls increase due to COVID-19

OTTAWA – The Parliamentary Budget Office says it could cost more than $ 98 billion to provide almost all Canadians with basic income for six months starting in the fall. This figure is the top range of scenarios that the budget watchdog was asked to research in a report released Tuesday morning.

The idea of ​​providing basic income to Canadians gained momentum as millions of people lost their jobs or their income during the COVID-19 pandemic, and the federal government plans to spend approximately $ 174 billion to provide a financial floor for individuals and businesses.

Finance Minister Bill Morneau and […]

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