Universal Basic Income Has Arrived But How It’s Being Funded Will Astonish You

Universal Basic Income Has Arrived But How It's Being Funded Will Astonish You

Canada is testing a basic income to discover what impact the policy has on unemployed people and those on low incomes.

Propositions for universal basic income program vary, but the most widely discussed one is a system in which the federal government sends out regular checks to everyone who qualify, regardless of their employment. Government says over 60 per cent of those living below the poverty line in Canada have jobs—some even more than one—and yet are still below the poverty line. Present welfare plans across Canada not only pay less than the poverty line—sometimes 20 to 40 per cent […]

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