By Robin Boadway, Alan Gummo, and Roderick Benns
Andrew Coyne gets many things right about a basic income guarantee, writing this analysis for the National Post recently.
He gets that a basic income would not replace social insurance programs like Employment Insurance and Canada Pension Plan. He also gets, albeit with undue pessimism, that the provinces need to be involved. He acknowledges that the level of the guaranteed annual income program proposed by the Macdonald Royal Commission was inadequate, and he implicitly accepts that a basic income of reasonable scope could be afforded by combining the appropriate basic benefit amount with a suitable rate of claw-back as incomes rise. He even observes that a basic income need not deter work incentives; on the contrary, it will be enhanced compared with existing welfare schemes.Read more
By Roderick Benns
The federal Liberals have voted to shake-up Canada’s social policy by moving toward a “minimum guaranteed income” model.
At the party’s national convention just held in Winnipeg, the resolution states the party will, in consultation with the provinces, “develop a poverty reduction strategy aimed at providing a minimum guaranteed income.”
Reaction from the Basic Income Canada Network (BICN) was swift.Read more
By Alan Gummo
The economy is in trouble so we’re in trouble. We’re worried about a general slow-down in activity, job losses, high personal debt levels, inequality, precarious employment, the hidden costs of underemployment and poverty, and so on. There’s a lot of debate going on about what to do. While many and varied prescriptions are being put forward, everyone from left to right seems to agree that more jobs should be created.
Fair enough. We definitely need more jobs. Jobs are useful in supporting individual livelihoods.Read more