We need basic income.
A basic income is a monthly, upfront cash payment delivered unconditionally to all individuals to cover the essential costs of living. It is then taxable based on total income.
Our economy is fragile. With Covid-19, global oil price instability, and other factors beyond our control, Albertans are experiencing a flood of economic issues. Our options are limited by our economic reality, and they continue to shrink.
A basic income is like a financial life jacket — it would provide just enough to keep our heads above water. And the positive effects would ripple out into the entire economy.
