On Wednesday, the Yellowknife-based social and environmental justice coalition – working with the Basic Income Canada Network – held an online forum to foster discussion on the topic and raise awareness.
A basic income is generally a government payment that ensures everyone has enough money to meet basic needs, participate in society and live with dignity, regardless of work or other status, said Basic Income Canada Network chair Sheila Regehr in Wednesday’s meeting.
“It’s universal, which means there’s no distinction between deserving and undeserving people in a society,” she said.
A basic income guarantee is slightly different, in that it raises everyone’s income to a minimum level. People with low incomes get the most out of the program, but as a person’s income increases, payments decrease.
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