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

Facebook
Twitter
LinkedIn

Related Posts

Business, Economy, Finance

March 31, 2025

Energy helps S&P/TSX rise, U.S. stocks mixed as investors await ‘Liberation Day’

TORONTO — Canada’s main stock index rose Monday, led by…

Read More >

Ontario/Quebec, Social

July 2, 2025

Sign at Ontario’s popular Sauble Beach changed to reflect First Nation land ownership

A landmark sign at a popular Ontario beach was changed…

Read More >

Business, Economy, Finance

January 29, 2025

S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

TORONTO — Canada’s main stock index closed higher Wednesday as…

Read More >