December 9, 2020
The Huffington Post
Canada-wide
Daniel Tencer
Basic Income Could Add $80 Billion A Year To Canada’s Economy, Create Up To 600,000 Jobs: Report
A Canada-wide basic income could increase the size of the economy by tens of billions of dollars a year and create hundreds of thousands of new jobs, a new research paper says.
In a report issued Wednesday, the Canadian Centre for Economic Analysis (CANCEA) looked at two potential models of a basic income, and found that both of them would raise about 2.3 million families above the federal poverty line.