Canada does not have a national universal basic income (UBI), but the financial impacts of COVID-19 have renewed interest in the possible benefits of a UBI program. Universal basic income, or UBI.. Canada has taken the first steps towards a groundbreaking initiative aimed at making universal basic income in the country a reality.. The Senate's national finance committee initiated discussions on Senator Kim Pate's Bill S-233, a proposal for a national framework for a universal basic income.. The concept of a basic income program is not foreign to Canada, as it's been on politicians.

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Homeless people set up encampments in Edmonton on Jan. 9, 2024. (Jason Franson/The Canadian Press files) Advocates say a universal basic income program could make a difference in helping people.. A single worker earning $25,000 per year received $1,200 through the Canada Workers Benefit for 2022. With the new advance payments, they are entitled to three quarterly advance payments of $200—in July 2023, October 2023, and January 2024. They will receive a final $600 payment after filing their 2023 taxes in early 2024.