Coherent Identifier About this item: 20.500.12592/z0p7qm

A Basic Income for Canadians

2017

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Summary

Noah Zon of the Maytree Foundation has written an important primer on a basic income called, Would a universal basic income reduce poverty?1 Michael Mendelson of the Caledon Institute has written a seminal essay —. ‘Basic Income’ or ‘Bait and Switch?’ — that explores how the personal income tax system would have to be fundamentally changed to accommodate a basic income.2 Armine Yalnizyan of the Ca [...] In reviewing the publication of recent papers, it is clear that the concepts of a basic income and a guaranteed annual income are converging. [...] The answer is that many critical aspects have yet to be examined because the scope and breadth of the issues underpinning a basic income are complex and immense. [...] The second reason for the increase is that the indexation of benefits is the federal rule, but the provincial exception. [...] The third person — Linda — is part of the 1.9% of senior Canadians living in poverty, and the fourth — Kaye — is part of the 5.7% of non-seniors living in poverty, who do not receive social assistance.

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health government politics economy taxation finance canada disability employment government policy interest social assistance retirement unemployment working poor welfare pension government budget benefits affordable housing basic income poverty line harmonized sales tax hst tfsa child benefit refundable tax credits kaye

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