A Canada-wide basic income could increase the size of the economy by tens of billions of dollars a year and create hundreds of thousands of new jobs, a new research paper says.
In a report issued Wednesday, the Canadian Centre for Economic Analysis (CANCEA) looked at two potential models of a basic income, and found that both of them would raise about 2.3 million families above the federal poverty line.
Both models studied would result in larger economies and more jobs in the long run, though how much larger, and how many more jobs, depends on how generous the program is, and whether or not it’s funded by debt spending, the study found.Read more
Federal New Democratic Party leader Jagmeet Singh is the first federal party leader to support calls for implementing a basic income guarantee pilot program in P.E.I.
In an interview with The Guardian on Monday, Singh said his party campaigned on implementing a national basic income pilot project and said he would support such a pilot on P.E.I.
Singh’s statements on the subject followed a report by all-party special standing committee on poverty, which called for implementing a full basic income guarantee (BIG) on P.E.I.
"We campaigned on a pilot project, so we absolutely support a pilot project," Singh said. "P.E.I.'s legislature put forward that as an idea, and they asked for federal funding to support this. The federal government has been unresponsive."Read more
P.E.I. Minister of Social Development and Housing Ernie Hudson is preparing another letter — his third in the past 18 months — asking the federal government to contribute funding for a basic income pilot program here.
This latest request comes on the heels of a report from the provincial legislature recommending the province ask Ottawa to contribute unspecified funding to support a $270-million-a-year program to provide a guaranteed annual income of $18,260 to more than 50,000 Islanders.
The report, authored by MLAs from all three parties that have members in the legislature, suggests the program could function as a national pilot.
But so far, Hudson's letters haven't prompted any written response from the ministerial level — just a note from a federal staffer following the second letter saying Hudson's message had been received.Read more
Senator Kim Pate addressed the Senate during Second Reading debate on Appropriation Bill No. 5 - 2020-21.
She addresses the fact that yet again, this Bill leaves Canada's most vulnerable behind after being left out of CERB.
The price of food is expected to climb dramatically in 2021 at a time when many Canadians can barely afford to feed their families, following the economic devastation of the COVID-19 pandemic.
Yet to kick off the “season of giving,” Prime Minister Justin Trudeau posted a pre-Thanksgiving video to Twitter asking Canadians to pick up “an extra item or two for the local food bank and help a family in need.”
Trudeau collected non-perishables at a Metro supermarket, emptied his purchases into a donation bin and assured us that buying food from the grocery retail oligopoly to support local food banks is the Canadian way.Read more
A decision made last week by a Superior Court of Justice judge to dismiss the Ontario basic income class action lawsuit will be appealed.
The lawsuit was initiated by four Lindsay residents — Dana Bowman, Grace Marie Doyle Hillion, Susan Lindsay, and Tracey Mechefske.
They argued through their lawyers that the early termination of the Ontario Basic Income Pilot’s payments amounted to “a breach of contract, a breach of undertaking, negligence…and a breach of section 7 of the Canadian Charter of Rights and Freedoms — and that as a result they have suffered damages.
The Advocate has learned that the Toronto law firm that represents them, Cavalluzzo LLP Barristers & Solicitors, will appeal, after the firm discussed their options with the four plaintiffs.Read more
A universal basic income would not only lift more than 3.2 million Canadians out of poverty, it would also create hundreds of thousands of new jobs, grow the economy by tens of billions of dollars and eventually pay for itself with increased tax revenues.
That’s according to a new report by the Canadian Centre for Economic Analysis (CANCEA), which was commissioned by basic income advocacy group UBI Works to look at the potential economic impacts of Canada implementing two different kinds of basic income programs.
“I think the biggest message coming out of this (report) is that a basic income program can be designed in a sustainable way,” said Paul Smetanin, CANCEA president and one of the report’s authors. “It can be thought of as an investment as opposed to a cost.”Read more