Report shows steep cost of guaranteed basic income.

Report shows steep cost of guaranteed basic income.

THE CANADIAN PRESS/FILES A report for the B.C. NDP on a universal basic income estimates that with a UBI of $20,000 for working-age people, the annual cost would be $51 billion — about the same as the province’s annual budget. Two years ago the government of b.c., then dependent on a New democratic parliamentary coalition with the Greens, commissioned an expert report into the possibility of a basic guaranteed income for residents of the province. This was a gesture toward meeting a Green demand for basic-income research. If you go back and look at the public confidence-and-supply agreement the […]

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