By Senator Art Eggleton
The Basics on Basic Income
What is Basic Income?
Also known as Guaranteed Annual Income (GAI) or Basic Income Guarantee (BIG) amongst other titles, it is an income security measure to help people escape or avoid poverty and to provide for themselves and their family the basic necessities of food, clothing, and decent accommodation. It does not replace other social support programs such as housing, child care, employment supports like training and adult re-education, and supports for seniors and the disabled.
The interest in Basic Income is on the rise lately. Why is that?