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

NDP Government Blames Everyone but Themselves

The federal government has announced new measures to support British Columbia's forestry sector, including $65 million in funding for projects across the province. While any support is welcome, it falls far short of the level of assistance other provinces have secured for key industries. Conservative Forests Critic Ward Stamer says the NDP government needs to take responsibility for its mismanagement of B.C.’s forest industry instead of trying to pass on the blame. Despite promising to create more jobs in the forest sector, the NDP government has overseen the loss of thousands of forestry jobs and 21 mill closures which have devastated communities. “If Premier Eby spent more time addressing the regulatory issues impacting the forestry sector than he did complaining about the federal government, we would not be in the position we are now,” said Stamer. “And instead of trying to place the blame for mill closures on Donald Trump, Minister of Forests Ravi Parmar should t...
Post a Comment
Read more

Tourists Rack Up $200M in Unpaid Health Bills While BC Patients Wait Years for Care

While British Columbians wait years for basic medical care, the NDP government has allowed non-residents to rack up $200.6 million in unpaid health bills since 2020-2021. New research from SecondStreet.org, obtained through a freedom of information request, revealed that people from outside Canada are coming to BC, receiving health services, and leaving without paying their bills.  The losses span every health region in the province. "British Columbians are not guaranteed timely access to healthcare, be it treatment or diagnostics, and this situation continues to deteriorate under the NDP," said Anna Kindy, MLA for North Island and Critic for Health. "Taxpayers are footing the bill for tourists' health treatments to the tune of over $200 million, enough to cover over 21,000 hip replacements in this province while British Columbians wait months to years for that surgery.” The research found BC has the worst record of any province in Canada examined so far. Under a dec...
Post a Comment
Read more

NDP Finance Minister Given "F" on Report Card by Canadian Taxpayers Federation

Peter Milobar, MLA for Kamloops Centres and Official Opposition Finance Critic, released the following statement in response to the Canadian Taxpayers Federation's 2026 Finance Minister Report Card, which ranked BC Finance Minister Brenda Bailey dead last among provincial finance ministers in Canada with an overall grade of "F":  "British Columbians didn't need a report card to know things are headed in the wrong direction. They see it every time they pay their bills, try to buy a home, or watch another government deficit pile up. But now an independent national organization has confirmed that NDP Brenda Bailey is the worst-rated finance minister in Canada. "After nearly a decade of decline under this NDP government, British Columbia has become a province where people pay more, government borrows more, and families get less in return. We have some of the highest debt in the country, repeated credit downgrades, and no credible plan to get our finances back on...
Post a Comment
Read more

Labels

Show more