Six months of national basic income starting this fall would cost at least $47.5B: PBO

Six months of national basic income starting this fall would cost at least $47.5B: PBO

Parliament Hill in Ottawa. iPolitics/Matthew Usherwood A six-month national basic income program identical in design to a pilot project once offered in Ontario would cost at least $47.5 billion, according to a new report from the Parliamentary Budget Officer (PBO).

The COVID-19 pandemic has increased calls for a guaranteed minimum income program, which proponents say would protect Canadians from financial challenges both during and after the crisis.

The analysis released Tuesday examines the costs for such a program, which would ensure all Canadians between 18 and 64 have a basic income for the last six months of the 2020-21 fiscal year, […]

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