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Universal basic income program could cut poverty up to 40%: Budget watchdog

  • A guaranteed basic income program could cut poverty rates in Canada by up to 40 percent, according to the Parliamentary Budget Office .
  • Families in the lowest earning group could receive about $6,100 annually, according to the PBO report.
  • Manitoba is predicted to have the highest reduction in poverty rates at 53 percent under the economic family definition, according to the report.
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Implementing universal basic income could cut poverty rates up to 40%: PBO

The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.

·Kelowna, Canada
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Basic Income Today broke the news in on Wednesday, February 19, 2025.
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