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October 27, 2021

U.S. Voters

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Canada SHOCKS US With Universal Basic Income Experiment

2 min read

Canada’s Homeless Experiment reveals incredible results. John Iadarola and Francesca Fiorentini break it down on The Damage Report. 

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Read more here: https://www.vox.com/future-perfect/21528569/homeless-poverty-cash-transfer-canada-new-leaf-project

"Ray is a 55-year-old man in Vancouver, Canada. He used to live in an emergency homeless shelter. But over the past couple years, he’s been able to pay for a place to live and courses to prepare him for his dream job — in part because he participated in a study called the New Leaf Project.

The study, conducted by the charity Foundations for Social Change in partnership with the University of British Columbia, was fairly simple. It identified 50 people in the Vancouver area who had become homeless in the past two years. In spring 2018, it gave them each one lump sum of $7,500 (in Canadian dollars). And it told them to do whatever they wanted with the cash."

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