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Halifax Council considering promoting federal basic income

The Halifax Regional Councilwill discuss ideas for the federal government'sguaranteed resident basic incomeat a meeting on Tuesday.

Coun. On behalf of downtown HalifaxWaye Masonhas submitted a motion from the mayor to Congress to request a letterfrom the Prime Minister, Minister and Prime Minister of Nova Scotia.

The letter requires the government to carry out basic income, "guaranteeing that everyone has enough income to meet their needs. Use resources to fill the gaps in failing social safety nets. ”

Read more: Basic income is poor Alleviates, but requires higher taxes and spending cuts-Study

Mason's Movement Points The impact of poverty provides limited resources to provide social support. He pointed out that it is affecting the local governments that have it.

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"Basic income addresses major social determinants of health such as income and housing, and poverty In social support such as shelters, housing, food security and mental health, we can address and reduce the pressure on municipalities to fill the gap, "said the motion. The

motion cites Coalition Canada Basic Income, an alliance of income advocates, as evidence shows that federal-funded basic income can improve fiscal stability.

The coalition has previously submitted to the House of Commons Committee on the recovery of COVID-19 and recommended that the federal government create a national basic income guarantee equivalent to $ 2,000 per month received from adults. increase. Canada Emergency Recovery Benefit (CERB)Program.

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Report, income released earlier this month by the Atlantic Technologies Economic Council (APEC), an economic think tank based in Halifax He said support would reduce inequality, establish a sense of financial stability and promote savings.

"Poverty is high": Doctors in Toronto say that basic income actually costs less to society – December 5, 2020

The report also mentions funding. This program may require tax increases or reductions in government spending.

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"One of the biggest risks is how this program will be funded in the long run. "Lana Asaff, APEC's senior economist, said at the time.

"It's pretty expensive."

According to a report by Parliamentary Budget Officerin 2021, it is guaranteed nationwide from 2022 to 2023. Basic income is estimated to cost about $ 88 billion.

Read more: Liberal Party Member, Grassroots Party Member Promoting Basic Income at Convention

Asaff says: In addition, if social programs were reduced to support payment of basic income, there was a risk that certain groups of society would be adversely affected.

During the 2021 federal elections, the Greens and NDP included livable base income in their platform, but not other major parties.

— With files from The Canadian Press

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