Skip to content

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

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

OTTAWA — 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. In a new report published Wednesday, Parliamentary Budget Officer Yves Giroux said that a Canadian family in the lowest earning group could expect to receive an average […]

Active membership Required to Read Full Story

Related Posts

Business, Economy, Finance

February 4, 2025

S&P/TSX composite rises, loonie also higher Tuesday after tariff reprieve

TORONTO — Canada’s main stock index posted a small gain…

Read More >

Business, Finance, Insurance

February 12, 2025

Sun Life Financial earns $237 million in fourth quarter

TORONTO — Sun Life Financial Inc. says it earned $237…

Read More >

Business, Pharma

February 3, 2025

Drug company Apotex acquires CanPrev, a provider of vitamins and supplements

TORONTO — Drug company Apotex Inc. says it has acquired…

Read More >