Tag: Transfers
Overcompensation of Income Losses: A Major Flaw in Canada’s Pandemic Response
The federal government has overcompensated Canadians for their lockdown-related income losses. The amount of money involved is substantial. Although overcompensation does not seem to have been a policy objective at the outset, it has been embraced. This expensive flaw in Canada’s response to the COVID-19 pandemic compromises fairness and limits options for using fiscal policy to strengthen the recovery.
Basic Income or Welfare Reform? A summary of the BC Basic Income Panel Report
On January 28, the BC Expert Panel on Basic Income issued its final report. Media coverage of the report naturally focussed mainly on what the panel did not recommend – a basic income program – but the report offers far more than that.