Viewpoints
Opinion

Cory Morgan: Implementing a Guaranteed Basic Income Would Be a Fiscal Disaster for Canada

Cory Morgan: Implementing a Guaranteed Basic Income Would Be a Fiscal Disaster for Canada
A man relaxes in a hammock as a cyclist rides past, in Kitsilano Beach Park in Vancouver, in a file photo. The Canadian Press/Darryl Dyck
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Commentary

Governments around the world reacted to the COVID-19 pandemic the same way. They restricted the movement and ability of citizens to work while opening the floodgates of spending and borrowing to make up for lost productivity. The result has been predictable as inflation sets in and economic pressures hit everybody while the cost of living rises.