VANCOUVER—If the federal government introduces a Guaranteed Annual Income program, it could cost taxpayers between $131.9 billion and $464.5 billion a year, concludes a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Since the federal government introduced CERB there has been renewed interest in the idea of a Guaranteed Annual Income, but many Canadians are unaware of how much such a program could cost,” said Jake Fuss, an economist with the Fraser Institute and co-author of GAI: How Much Could A Guaranteed Annual Income Cost?
