“Failing to reform the income security system comes with a heavy price tag. Moreover, it is a cost that will lead to ever-worsening outcomes for low-income people and the economy as a whole,” the report argues. The measure would be used to evaluate the adequacy of the minimum income, the report says. Over subsequent years the “minimum income standard” will be achieved through a combination of social assistance and other income security reforms, it says. With Ottawa signaling improvements to the federal Working Income Tax Benefit, the panel calls on Ontario to ensure changes boost incomes for low-wage workers in this province.

Source: thestar November 02, 2017 09:56 UTC