VIMHS
Vancouver Island Mental Health Society
PBO says basic income framework would reduce poverty rate by 40%
PBO says basic income framework would reduce poverty rate by 40%
PBO says basic income framework would reduce poverty rate by 40%
Friday 28th February 2025
Explore how a guaranteed basic income could reduce poverty in Canada by 40% and reshape lives, featuring insights from PBO analysts.
57 minutes
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Get the buttons here!How Guaranteed Basic Income Could Transform Lives in Canada
Episode Overview
- GBI could reduce Canada's poverty rate by 40%.
- The Ontario pilot project provided valuable insights.
- GBI would offer regular government payments to all.
- Economic and social benefits include better health and education outcomes.
- Political interest in GBI has grown significantly.
Guaranteed basic income could reduce national poverty rates by 34% to 40%, depending on family definitions.
Ever wondered how a guaranteed basic income (GBI) could transform lives and reduce poverty in Canada? This episode of People First Radio dives into the concept, backed by insights from the Office of the Parliamentary Budget Officer (PBO). The episode features hosts Joe Pugh and analysts Nasruddin Ammar and Mahianne Lorrain, who break down the PBO's findings that GBI could slash Canada's poverty rate by 40%.
They explain how GBI would provide everyone with a minimum income through regular government payments, potentially revolutionising economic stability for many. The episode also delves into the specifics of the Ontario pilot project and its impact on policy discussions. Tracy Smith Carrier from Royal Roads University adds depth by discussing the broader implications of GBI on health, education, and crime rates. If you're curious about how financial support systems can reshape society, this episode is a must-listen.
It’s not just about numbers; it’s about understanding the potential ripple effects of lifting millions out of poverty. Tune in to get a comprehensive look at how GBI could be a game-changer for Canada.