Should Canada introduce a guaranteed basic income?

Should Canada introduce a guaranteed basic income?

Poll: Guaranteed income

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 money to meet their essential needs, including food, housing and clothing.The income support would reduce inequality, establish a sense of financial security and encourage savings, the study found.Yet a basic income program — whether needs-based or universal, with the amount paid […]

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