Be cautious about Ontario’s ‘basic income’ plan

The Ontario government seems poised to run a Basic Income pilot program. While the idea of a ‘basic income’ has conceptual appeal, proponents should be less optimistic about a basic income’s ability to deliver on all of its theoretical benefits.The idea for a new pilot program was first floated in the Ontario budget last March; more details are expected to be released soon in the form recommendations from former Senator Hugh Segal. The basic income, also known as a Guaranteed Annual Income, is a cash transfer to individuals or families that ensures a minimum level of income, without conditions such

Read More - The Fraser Institute