An updated basic income proposal

For some context, you might want to re-check my old post on the topic.

The new idea is as follows.

First, every family / household would get a payment from the Federal Government. This should be set at $700 but the Federal Government can change that to a number they feel works better.

Second, every adult would get a payment from the Provincial government. This should be $700 but the Provincial Government can change that to a number they feel works better; this is likely to be done as each province has different costs of living.


Half of the Federal amount would be a "unit" and half of the provincial amount would be a "unit". In these examples, both are $350, but, again, these are just example amounts.


Each child, up to 3, would get one extra provincial unit.

The first child would get 2 extra federal units. The second and third children would each earn 1 extra federal unit.


Remember; the $700 is just an example unit. The actual number can be changed.

Using this as an example:

EXAMPLES:

(NOTE: all these examples presume people who are not getting ANY other income)

An individual single person would get $1400. This is $700 from the Federal government, $700 from the Provincial government.

A couple would get $2100. $1400 from the Province and $700 from the Federal government.

A couple with one child would get $3150, $1750 from the Province and $1400 from the Federal government.

A couple with two children would get $3850, $2100 from the Province and $1750 from the Federal government.

A couple with three children would get $4550, $2450 from the Province and $2100 from the Federal government.

A couple with four or more children would get $4900, $2450 from the Province and $2450 from the Federal government.

FTR, and for comparison; a couple with four children on ODSP, would get $2000 from the Federal Government, and $2377 from the Province, for a total of $4377, so this is an increase but not a massive one.