The government says $101 billion in stimulus spending is required for “sustained economic recovery.”
Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent.
A basic income program will disincentivize work and may not alleviate poverty.
Bill C-273 calls on the federal finance minister to assess a potential guaranteed annual income in Canada.
This year's federal budget deficit will reach a projected $381 billion.
Per-person GDP growth was 4.8 times greater during the Chrétien period than the Trudeau period.
Governments in Canada are experts at imposing rules and regulations rather than incentives.