Full basic income on P.E.I. would cost $260 million

Full basic income on P.E.I. would cost $260 million

Trish Altass, shown in a file photo speaking at a rally outside the Coles Building, chaired an all-party special committee on poverty that has recommended the federal and provincial governments partner to implement a basic income guarantee on P.E.I. – Daniel Brown/Local Journalism Initiative CHARLOTTETOWN, P.E.I. —

A full basic income guarantee on P.E.I., involving as many as 50,238 Islanders, or 39 per cent of the population, would have a net cost of $260 million per year.

This calculation is provided in the final report of the special committee on poverty. The all-party standing committee, which was struck 16 months […]

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