Universal basic income is an unconditional cash payment that the government gives all its citizens, regardless of employment or income status .
If implemented, it would reduce poverty and income inequality in Canada. But its implementation presents several issues, with cost being the primary one.
Read on to find out more about universal basic income, the experiments conducted on it, who benefits from it, and its pros and cons.Key Takeaways Canada does not have a universal basic income. If UBI is implemented, the universal basic income will provide unconditional monthly cash transfers for every Canadian. Universal basic income experiments were conducted […]
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