Up to $22 billion in COVID aid may have gone to high-income Canadians: Fraser Institute study - News Summed Up

Up to $22 billion in COVID aid may have gone to high-income Canadians: Fraser Institute study


Article contentOTTAWA – Up to a quarter of the payments that went to Canadians during this pandemic could have gone to people in families with six-figure incomes, says a study from the Fraser Institute. The study estimates that as much as $22.3 billion may have gone to people who didn’t need it. Try refreshing your browser, or Up to $22 billion in COVID aid may have gone to high-income Canadians: Fraser Institute study Back to videoDuring the height of the pandemic the government unveiled several programs designed to help Canadians faced with sharp drops in their incomes. Early on, the government said candidly that the focus was on getting the money out the door as quickly as possible. Jason Clemens, executive vice president of the Fraser Institute and a co-author of the report, said that might have been justifiable when the program first launched in April, but with two extensions having happened there is no reason new eligibility rules couldn’t have been put in place.


Source: National Post August 27, 2020 09:00 UTC



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