Guaranteed Annual Income
I’ve written a blog post titled “Ten things to know about Canada’s guaranteed annual income debate.”
Points raised in the blog post include the following:
-There are people and groups on both the left and right of the political spectrum who favour a Guaranteed Annual Income (also known as a “basic income”).
-One reason for support on both the left and right is that there is considerable discrepancy in terms of how generous the benefit should be. This also makes it challenging to estimate its annual cost.
-It’s not clear what the desired outcome(s) of such a scheme would be. This too may depend on which advocates/proponents you talk to.
-The implementation of a Guaranteed Annual Income would require a considerable amount of intergovernmental cooperation.
The link to the full blog post is here.