Green Party

(2029 Canadian Federal Election)

(Draft Bill)

C$4000 monthly Basic Income per citizen under a C$48,000 yearly income

Basic Income is based on the previous or projected 12 months

Basic Income for under age 16 is paid to legal guardians

Basic Income online registration only (based on social insurance number)

Basic Income is non-refundable and non-taxable

C$30 an hour minimum wage (including gig work)

20% consolidated flat tax over C$12,000 a year (with double taxation)

20% corporate tax on profits

20% value added tax tax on each stage of sale (paid quarterly)

20% value added tax on imports

VAT tax registration over C$12,000 a year

Sole trader registration over C$12,000 a year

Federal laws to replace provincial laws (creation of federal departments)

Estimated Revenue: C$1.8 trillion a year (C$100 billion surplus a year)