Basic Income Guarantee
Basic Income Guarantee (BIG) has the potential to uplift individuals and families out of poverty, foster economic stability, and create a more equitable society. Premier Dennis King has made a promise to implement BIG with the assistance of the federal government. Michelle Neill and the Island New Democrats will continue advocating for this important policy and hold Premier King to account.
How does a Basic Income Guarantee help Islanders?
Poverty Alleviation
A guaranteed livable income in Prince Edward Island would reduce poverty rates, ensuring every resident has access to basic necessities and improving overall social well-being.
Healthier Communities
With increased financial stability, Islanders can afford better healthcare, leading to improved health outcomes and creating stronger, more resilient communities.
Social Cohesion
Basic income fosters a sense of belonging and inclusivity, promoting social cohesion and reducing inequality, creating a more harmonious and equitable society for all Islanders.
Education and Skill Development
A basic income would enable Islanders to pursue educational opportunities and acquire new skills, fostering a more educated workforce and promoting economic growth on the island.
Economic Stimulus
The injection of a guaranteed livable income into the local economy would boost consumer spending, supporting local businesses and revitalizing Prince Edward Island's economy.
Enhanced Entrepreneurship
A reliable income floor encourages entrepreneurial ventures and small business startups, fostering innovation, creating job opportunities, and nurturing a vibrant entrepreneurial ecosystem in Prince Edward Island.
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It's time for BIG
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