Could a basic income program work in B.C.?
The provincial government announced today they are committed to finding out, having created a committee of three academics to research whether basic income could work in the province.
A basic income program generally refers to a payment to eligible people that ensures a minimum income level, regardless of employment status.
Researcher will examine how basic-income principles might be used to improve the existing income and social-support system. The committee will also consider the impact that advances in technology and automation, and other shifts, are predicted to have on the labour market over the next several decades.
“The researchers will look at whether a basic income is a viable option to reduce poverty, build financial security, and increase inclusion and well-being,” said Shane Simpson, Minister of Social Development and Poverty Reduction.
This is a complex area of study, and our government looks forward to learning more about how to enhance the income-support system, to achieve measurable and lasting improvements for people living in poverty.”
A basic income pilot was part of the BC NDP’s power-sharing agreement with the Greens that allowed the two parties to form a government during the last provincial election.
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