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Report: Basic Income can grow Ontario's economy, while ending poverty.

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A landmark study by the Canadian Centre for Economic Analysis (CANCEA) gives us a first ever look at the economic impacts of a national Basic Income and its positive effects on the economy of Ontario.

Basic Income can grow Ontario's economy and create jobs.

+287K NEW JOBS

Basic income could add 287,000 new full-time equivalent jobs in Ontario in 5 years.

+$40B/YR IN GDP

Basic Income could grow the economy of Ontario $205 billion within 5 years — or up to $830 billion in 25 years.

Basic Income can be good for business in Ontario.

+$14B/YR GROSS OPERATING SURPLUS

Putting money in people’s hands lets them spend it in their local economies, driving business growth. It could add $73 billion to Ontarian businesses’ gross operating surplus within 5 years — or up to $302 billion in 25 years.

+$6.8B/YR PRIVATE CAPITAL INVESTMENTS

Basic Income could add $35 billion in new private capital investments within 5 years — or up to $143 billion in 25 years. It could cause businesses to hire and spend more on wages for workers.

Basic Income is a raise for Ontario workers.

+3.6% IN TOTAL WAGES

Basic Income could support Ontarian workers by growing total wages $16 billion a year on average over 5 years, or an increase of 3.6% by year 5.

All while ending poverty in Ontario.

1.5 million ONtario FAMILIES LIFTED OUT OF POVERTY

The report demonstrates that inequality is making our economy less resilient. Basic Income can eliminate poverty in Ontario while building a healthy, trickle-up economy that supports Canadian workers and businesses.

All while ending poverty in Ontario.

1.5 million Ontarian FAMILIES LIFTED OUT OF POVERTY

The report demonstrates that inequality is making our economy less resilient. Basic Income can eliminate poverty in Ontario while building a healthy, trickle-up economy that supports Canadian workers and businesses.

Families in Ontario - without UBI and with UBI

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To shift the conversation about basic income to recognize it as an economic need and economic opportunity, with the goal of seeing UBI implemented in Canada.

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We want a Canada where everyone can pursue their potential and not be held back by basic material constraints or unsafe environments.

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