Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

FRASER INSTITUTE -- Many of these young Canadians could actually see a significant increase in their monthly income by receiving CERB, which is not the point of income stabilization policies

Young people living at home with their parents in households with at least $100,000 of income are eligible for as much as $11.8 billion in Canadian Emergency Relief Benefit (CERB) payments, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“With the federal government running a deficit of $343 billion this year, every government dollar should target people genuinely in need, which doesn’t appear to be the case with CERB,” said Jason Clemens, executive vice-president of the Fraser Institute and co-author of Distribution of CERB: Estimating the Number of Eligible Young People Living with Parents.

The study finds that nearly one million (985,200) young people aged 15 to 24 who live at home with their parents in households with incomes of at least $100,000 are eligible to collect $11.8 billion in CERB payments over the 24-week period that the benefit is expected to be available.

But do these young Canadians really need it?

For example, of the nearly one million CERB-eligible young Canadians, an estimated 400,000 of them are still attending school and had earnings between $5,000 and $12,000 in 2019. As a result, this group would actually see, on average, an increase in their monthly earnings from the receipt of CERB compared to their 2019 earnings.

An additional 30 per cent of them, having earned between $12,000 and $24,000 in 2019, would see no decline in their average monthly earnings and more than likely would also experience an increase by receiving CERB payments.

"Many of these young Canadians could actually see a significant increase in their monthly income by receiving CERB, which is not the point of income stabilization policies,” Clemens said.

“The lack of adequate eligibility criteria for CERB will likely result in billions going to young Canadians with questionable need, which adds unnecessarily to the deficit, which these young people will ultimately bear the cost of.”

Labels:

Comments

Post a Comment

Popular posts from this blog

GORDON F. D. WILSON: When The Trick Masquerades as The Treat

Thirty-seven years ago, Halloween 1987, I became the leader of the BC Liberal Party.   British Columbia was badly polarized. Social Credit held one side and the NDP the other. It had been twelve years, 1975, since Liberal MLAs Garde Gardom, Pat McGeer, and Alan Williams had walked away from their party to join Social Credit, one year after the lone Progressive Conservative MLA Hugh Curtis had abandoned his party to sit with Bill Bennett, the son and heir apparent to long-serving BC Premier, WAC Bennett.   An unwritten agreement by the biggest Canadian political shareholders, the federal Liberals and Conservatives, decided that if British Columbia was to remain a lucrative franchise from a revenue perspective, they couldn’t risk splitting the electoral vote and electing the real enemy, the NDP, so no resources would be used to finance either a Liberal or Conservative party provincially.   “There are two sides to every street,” I was told by a very prominent Canadian businessman who cont
Post a Comment
Read more

FORSETH: As a BC Conservative member, and campaign worker, I will again state that the fact these errors were found -- AND brought to light BY Elections BC -- shows the system IS working

Sadly, two and a half weeks after the BC provincial election campaign, those who want to undermine our political process are still at.  PLUS, we also have one who doesn’t even live in our country, never mind our province. I speak of the buffoon running for President of the United States, who has poisoned the well when it comes to faith in the electoral process. Just today alone, comments such as the following, were being made of posts that I shared online: ... all the votes they keep finding has just favoured NDP on in all critical ridings and soon they will flip another riding in favour of NDP, Come on. ... Elections BC has ridiculed British Columbians, and I no longer have confidence or trust in their process and competence regarding the results Then there are others online, with comments like these – who are claiming fraud in the October 19th election: ... Who is the oversight for Elections BC? They should be investigated for election fraud! ... Fraudulent election ... should be red
Post a Comment
Read more

“With the talent and dedication of this caucus we will hold David Eby to account for his government’s out of control spending and ongoing failures in healthcare, public safety and addictions" — John Rustad

Today, John Rustad, Leader of the Conservative Party of British Columbia, proudly unveiled his shadow cabinet, a dynamic team of talented individuals ready to hold David Eby’s disastrous government accountable and present a strong alternative vision for British Columbia. “ Our shadow cabinet is a diverse and experienced group, committed to restoring prosperity, public safety, and affordability for every British Columbian ,” said Rustad. “ With experts in every field, we are focused on delivering real solutions for the challenges our province faces .” Rustad emphasized the historic appointment of Aaliya Warbus as House Leader. The shadow cabinet reflects the Conservative Party’s vision to build a brighter future for British Columbia. The appointments are as follows: Leadership Positions : Aaliya Warbus – House Leader Bruce Banman – Whip Sheldon Claire – Deputy Whip Portfolios : Tony Luck – Municipal Affairs and Local Government Sharon Hartwell – Rural Communities and Rural Development I
Post a Comment
Read more

Labels

Show more