11 results found for "guaranteed annual income"
Op-Ed
The accumulation of past failures in fighting poverty has breathed new life into proposals to introduce a basic income, also known as a Guaranteed Annual Income. Ontario, for example, has a pilot project underway championed by former senator Hugh Segal. But, is the basic income approach, where governments provide direct financial support to low-income people, the best approach?
Basic income…
Media Release
January 24, 2017 – Providing a comprehensive, one-size-fits-all guaranteed annual income (GAI) is not the best solution to fighting poverty in Canada, according to a new report from the C.D. Howe Institute. In “Toward a New Balance in Social Policy: The Future Role of Guaranteed Annual Income within the Safety Net,” author Peter Hicks urges policymakers to address poverty by using a “bottom-up”…
Media Release
April 11, 2017 - With retirees living longer and the working-age population remaining relatively stable, the growing demand for financial support in retirement will potentially strain social security programs, according to a new report from the C.D. Howe Institute. In “Greener Pastures: Resetting the Age of Eligibility for Social Security Based on Actuarial Science,” authors Robert L. Brown, and…
Op-Ed
The bankruptcy of Sears Canada, and the threat that its underfunded pension plan won't pay what it promised, has caught the attention of members of Parliament. Understandably so. People don't get a second chance at retirement. Getting an annuity less than you counted on is a terrible blow.
After the sponsor of an insolvent pension plan has gone bankrupt, moreover, governments have no happy…
Media Release
November 14, 2017 – Canada’s workforce has experienced a troubling slide in literacy and numeracy skills, despite higher levels of education and improvements in learning technology, according to a new report from the C.D. Howe Institute. In “Talkin’ ‘Bout My Generation: More Educated, But Less Skilled Canadians,” author Parisa Mahboubi compares results of international surveys from 2003 and 2012…
Op-Ed
Low fertility rates, increasing life expectancies and the aging of baby boomers are causing Canada’s old-age dependency ratio to rise. This increase in pensioners relative to the working-age population will strain the sustainability of our social security system. Should the age of eligibility (AOE) for seniors’ programs be raised? If so, when? Since Ottawa seems to be avoiding the problem, we…
