Published 3 days ago • loading... • Updated 1 day ago

Universal basic income program could cut poverty up to 40%: Budget watchdog

A guaranteed basic income program could cut poverty rates in Canada by up to 40 percent, according to the Parliamentary Budget Office .
Families in the lowest earning group could receive about $6,100 annually, according to the PBO report.
Manitoba is predicted to have the highest reduction in poverty rates at 53 percent under the economic family definition, according to the report.

Insights by Ground AI

Does this summary seem wrong?

37 Articles

All

Left

Center

Right

tj.news

Guaranteed basic income could cut poverty rates in N.B. by 34%: report

A federal guaranteed basic income program could cut poverty rates in New Brunswick by up to 34 per cent, according to Ottawa’s fiscal watchdog.

1 day ago·Saint John, Canada

Read Full Article

slovenskenovice.si

A family of four with 2,000 euros per month is already below the poverty line

The at-risk-of-poverty rate has increased.

1 day ago·Ljubljana, Slovenia

Read Full Article

National Post

Guaranteed basic income could cut poverty rates up to 40%, PBO report says

The cost of sending out cheques to qualifying Canadians could reach $107B in 2025, but the majority of that would be offset by cuts or tax credits

2 days ago·Canada

Read Full Article

Jacobin

The Success of Pandemic Income Support Does Not Mean That Universal Basic Income Works

In Canada, the results of pandemic income support seem to confirm the claims of universal basic income advocates. But to make UBI work, we need to ensure it's coupled with a massive expansion of welfare state policies.

2 days ago

Read Full Article

castanet.net

+4 Reposted by 4 other sources

Implementing universal basic income could cut poverty rates up to 40%: PBO

The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.

2 days ago·Kelowna, Canada

Read Full Article

The Globe & Mail

Implementing guaranteed basic income could cut poverty rates by up to 40%, PBO says

In a new report, the parliamentary budget officer says that a Canadian family in the lowest earning group could expect to receive an average of $6,100 in annual disposable income through such a program

2 days ago·Canada

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year