Curious about the idea of a basic income supplement? On Wed, January 15th at 8pm EST, economists Stephen Gordon (Laval), Kevin Milligan (UBC), Mike Moffatt (Ivey) and Lindsay Tedds (Victoria) discussed basic income. The chat was facilitated by our twitter account, @bis_pilot and used the hashtag #bispilot.
A non-slideshow archive of the chat is available at on Storify. Slideshow version is below.
Questions that were submitted in advance:
- What might be the impact of a basic income on labour market participation?
- How might a potential pilot project be designed?
- What are the advantages of a basic income compared to existing social assistance programs?
- How might a basic income fit with existing programs like the GIS and OAS for seniors, the National Child Benefit, and the Working Income Tax Benefit?
- What are potential foreseeable but unintended consequences of a basic income?
- How much might a basic income cost?
- What are the primary tradeoffs involved in designing a basic income?
- Would the pilot be funded by the federal government alone or jointly with one or more provinces?
- Would the basic income be funded through general revenue or through a special tax?
- What would be the ''perfect'' basic income in Canada, considering the cost and the current welfare programs in place?
If you are interested in learning more about the concept of a basic income, please read some or all of the articles on our "Learn More" page.