Prime Minister Justin Trudeau has just announced a basic income for Canadians this past week. Well, he didn’t call it that, and yet that’s exactly what happened – at least temporarily.
A basic income ensures everyone an income sufficient to meet basic needs and live with dignity, regardless of one’s work status.
Basic income, in Canada, would look similar to the Canada Child Benefit. That is, as wages increase the benefit declines, but it declines progressively – not dollar for dollar.