Parliamentary budget officer says basic income program could halve poverty rate

Parliamentary budget officer says basic income program could halve poverty rate

OTTAWA — The federal government could cut poverty rates by almost half in one year if it launched a basic income similar to one previously studied in Ontario, the parliamentary budget officer says. OTTAWA — The federal government could cut poverty rates by almost half in one year if it launched a basic income similar to one previously studied in Ontario, the parliamentary budget officer says.

Although nationally the drop in poverty rates under such a measure would be about 49 per cent, the reductions would vary across provinces.

Budget officer Yves Giroux estimated that poverty rates could fall as much […]

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