The Canada Child Benefit has not only lifted kids out of poverty, but it has boosted the country’s economy by $139 billion since 2016, according to a new economic analysis of the initiative being released Thursday.
The benefit, which the report says “acts as a basic income guarantee for families with children” contributes to Canada’s economy and prosperity by increasing family spending on goods and services.
It also shows how a basic income for all Canadians could have a similar payoff, says the analysis, sponsored by UBI Works, a new non-profit initiative led by CEOs from across the country to raise public awareness.Read more
Good Men Project
In Canadian policy circles, Basic Income has come to mean a stipend paid to families or individuals without the many conditions and rules that govern existing income assistance programs. The amount received is gradually reduced as income from other sources increases.
However, Basic Income is not just about welfare reform. A Basic Income is most valuable to people in the middle class and those hoping to join them. Here’s why a Canadian Basic Income is inevitable.Read more
People have many reasons for supporting a universal basic income (UBI). Moralists maintain that an income sufficient to cover the necessities of life is a basic human right that should be guaranteed by society as a whole. Futurists fear that jobs, as we know them, will become obsolete due to automation. Environmentalists see a UBI as a way of breaking a treadmill of overproduction and overconsumption that is destroying the planet.Read more
Today, UBI Works launches a new initiative to equip citizens with evidence-based narratives highlighting the economic need and potential of a universal basic income (UBI) in Canada.
UBI Works was created to tell the economic and human stories behind basic income and to correct the many myths that surround these programs. By collecting and sponsoring research, this diverse group of business leaders, politicians, economists, artists and social justice advocates aims to inform Canadians about the empirical realities of basic incomes. In partnering with academics, grass roots organizations and leading advocates, UBI Works will design and share narratives which challenge Canadians to envision and build a more prosperous future.Read more
People's Policy Project
Max Sawicky has a piece in Jacobin that again repeats the clearly incorrect claim that it would be impossibly expensive to provide everyone in the country a significant cash grant each year.
So what’s wrong with the UBI? In a nutshell, if it’s universal, it can’t be basic, and if it’s basic (provides a decent income floor), it can’t be universal. The US population exceeds 300 million. If the UBI benefit is $10,000 a year (less than Yang’s), you can do the math. The entire federal budget is about $4.4 trillion.
The Lindsay Advocate
As a federal election draws nearer the Basic Income Canada Network (BICN) is urging all federal candidates to consider a basic income as a game-changing solution to income insecurity.
The letter to all federal candidates begins by tackling the issue of financial insecurity head-on.
“As the 2019 federal election approaches, many issues will be debated. A great many of them are linked to income insecurity, which manifests itself in the form of costly symptoms, like anxiety, illness and societal unrest. If the underlying problem is about income, however, then the solution must be, too – or it will not get better.”Read more
A homeless person asking for change. An unemployed hopeless youth. A single parent working two jobs. A worker earning a minimum wage that’s way below a living wage. A child deprived of nutritious food. A family striving to find an affordable place to call home.
Poverty is real and we witness it every day.
Defined as economic deprivation, poverty is more than that. Poverty is an assault on human rights.
People susceptible to poverty experience it differently, but for many there is one shared factor: it’s hard to get out of the cycle of poverty. Sadly, poverty could be passed to the next generation as well.Read more
In 1516, the English scholar Thomas More published Utopia, a political satire depicting an island where conditions were as they “should be”. In it, he made the first reference to an idea that is now being debated and tested across the world. Every citizen on More’s island (which, it should be pointed out, also featured slaves shackled in chains of gold) is provided with “some means of livelihood”. They are granted, in effect, a universal basic income, or UBI.Read more
Winnipeg Free Press
A provincial Green government would implement a basic income for all Manitobans, if elected Sept. 10.
Green Leader James Beddome said it would cost $1.58 billion per year to pull every Manitoban out of poverty.
"We wanted to show what Manitoba could do alone," he said at a news conference Friday, flanked by federal Green Leader Elizabeth May.Read more
Ontario Liberal leadership candidate Alvin Tedjo is promising to revive the Universal Basic Income Project, which was cut by the Doug Ford government this year, and expand it across the province if the party is elected in 2022.
In a major policy proposal, the leadership contender tells CTV News Toronto offering the program province-wide would come with a $5 to $6-billion price tag, but could also result in billions of dollars in cost savings and economic spinoffs.Read more