RE:A new dawn for socialism in CanadaMarner, I read the PR and I think it's just a matter of time until Universal Basic Income becomes a reality in Canada.
After helping corporation improve their balance sheet on our backs, I don't have any issues helping these poor people. If this is also for seniors, than it gets my vote.
The issue is not helping these people, the issue is how do you balance the budget? Is there any plans for that?
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Marner16 wrote: The Canada Workers Benefit, a refundable tax credit to help low-income earners, is being expanded.
A million more Canadians will be eligible. Single people without kids can get up to $1,400 — a group Ottawa says doesn't get much in the way of help. People with families get up to $2,400.
Eligibility is also being expanded. Single Canadians without children can earn up to $32,244 a year. Single-earner families can make up to $42,197, while dual-income families can earn up to $56,197.
Ottawa says the expansion means 3.2 million Canadians will be eligible.
There's also a new provision that lets secondary earners, which Ottawa says will be women in most cases, exclude up to $14,000 of their working income when calculating the benefit. This will result in a larger refund come tax time.
The federal government says the changes mean most full-time workers earning minimum wage will get money through the program. It also says it will mean more disposable income for low-wage families and provide incentives for Canadians to rejoin the workforce.