Mr. Speaker, it is an honour to rise and present this petition on behalf of folks who note that a guaranteed livable income would, first of all, establish an income floor below which no Canadian could fall and reflect regional differences in the cost of living.
The petitioners go on to note that it could replace the current patchwork of federal and provincial income assistance programs with a single, universal cash benefit. They note that it could be administered through the existing tax system and require no means testing, thereby dramatically reducing federal and provincial administrative costs.
The petitioners go on to note that it could reduce poverty, thereby reducing the demand on social services, law enforcement and health care, resulting in additional cost savings for government and taxpayers. Most importantly, it would provide a financial safety net for all Canadians, especially through major economic shifts, pandemics, natural disasters and industry automation.
As a result, the petitioners call on the Government of Canada to implement a guaranteed livable income for all Canadians.