Guaranteed Basic Income: Proposal’s Realities Concern Experts

Senate Bill S-233, an act to develop a national framework for a guaranteed livable basic income, is at second reading in the Canadian Senate. The Canadian Press/Richard Plume

A Senate bill proposing a guaranteed basic income (GBI) could lead to bigger debt and deficits, higher taxes, and greater dependence on government by providing a disincentive to work, experts tell The Epoch Times.

Bill S-233, introduced by Ontario Senator Kim Pate in November 2021, calls on the finance minister to “develop a national framework to provide all persons over the age of 17 in Canada with access to a guaranteed livable basic income.” This includes “temporary workers, permanent residents, and refugee claimants.”