S-206National Framework for a Guaranteed Livable Basic Income Act

What it does

• Requires the Minister of Finance to develop a national framework for a guaranteed livable basic income program across Canada for anyone over 17.
• Requires the minister to consult federal and provincial ministers, Indigenous Elders and governing bodies, and other stakeholders and experts when developing the framework.
• Requires the framework to set regional measures for what counts as a livable basic income, based on needed goods and services and local costs.
• Requires national standards for health and social supports that work with the program in each province.
• Requires the framework to make education, training or work participation optional, and to protect existing health or disability supports from being reduced.
• Requires a report on the framework within one year, publication on the Department of Finance website, and yearly review reports after that.