Daily Lost Investment: Every day that GLBI is not in action Canada is losing $525,983,561.60 in poverty reduction.

OPINION: Ontario saves $21 Billion since 2018 avoiding Basic Income for OW and ODSP Recipients.

This is a copy of the Blog of the Founder of GLBI.CA
This is entirely OPINION.
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Joseph
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OPINION: Ontario saves $21 Billion since 2018 avoiding Basic Income for OW and ODSP Recipients.

Post by Joseph »

Published: January 13, 2022
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The results are startling…

We’re going to compare Ontario Works and Ontario Disability Support Program based on their statistics keeping it at maximum Shelter and Basic Needs allowances versus a Basic Income at 75% of the poverty level. For this comparison we are going to use any scenario of Basic Income by the PBO as they are all under $30,000 a year anyway, and run this comparison from November 2018 to November 2021. So just 3 short years.

Ontario Works Comparison versus Basic Income
Month-YearSingles - CasesCouples - CasesSole Support Parents - CasesBI Singles DifferenceBI Couples DifferenceBI Sole Support Parents Difference
Nov-211151941398756491914640361246241782973874
Oct-211096901389355855870938601237866382297842
Sep-211088671400556001864403981247845582628816
Aug-211106751437156888878759501280456183799297
Jul-211122341484557154891137961322689584072426
Jun-211138691514657408904119861349508684382274
May-211157531566558199919078821395751585482335
Apr-211174511622758764932560941445825786237338
Mar-211197701665459590950973801483871487438502
Feb-211200641670659685953308161488504687604995
Jan-211216891740861134966210661551052889663271
Dec-201217161763661482966425041571367690167277
Nov-201243121829162617987037281629728191728086
Oct-2012717819054638421009793321697711493385974
Sep-2012937719349641101027253381723995993796422
Aug-2013618120636662191081277141838667696665031
Jul-2014109521257671251120294301893998797860662
Jun-2014597921595676331159073261924114598477340
May-20152198227446923312084521220264904100584407
Apr-20158464239547083012582041621343014102651737
Mar-20152674227206947712122315620243520100746876
Feb-20149055223816940911834967019941471100797176
Jan-20148376224076981011781054419964637101422908
Dec-1914490221835687631150521881945498599875177
Nov-19144758223776968011493785219937907101103000
Oct-19144463223596975311470362219921869101284583
Sep-19145491226087074211551985420143728102642683
Aug-19147262229527160511692602820450232103827248
Jul-19146884226047079111662589620140164102649222
Jun-19148660230617139811803604020547351103294068
May-19149709233607135311886894620813760103186929
Apr-19149381231977027911860851420668527101621090
Mar-19148380229826955111781372020476962100607042
Feb-19148874233567031211820595620810196101673905
Jan-19147946231887055411746912420660508101976711
Dec-18145768231117047811573979220591901101785068
Nov-18145834232857111911579219620746935102638659
Average135,41020,03365,550$8,171,522,159
Each cir Nov-18$36,977

Ontario Works would had an average 220,992 cases and over 3 years lost $8,171,522,159 or $36,977 each.


Ontario Disability Support Program Comparison versus Basic Income
Month-YearSingles - CasesCouples - CasesSole Support Parents - CasesBI Singles DifferenceBI Couples DifferenceBI Sole Support Parents Difference
Nov-202129493741185339542530559463200074575836904
Oct-202129557641397340722536042083216546976076286
Sep-202129644141895342092543463783255241576378302
Aug-202129563841528342822536574043226725676531884
Jul-202129646042132343222543626803273656476561056
Jun-202129697242624343592548019763311884876641708
May-202129602142118343192539860183272568676557624
Apr-202129707142879344202548869183331698376807302
Mar-202129783943278344922555458623362700676946298
Feb-202129766543252345352553965703360680477015796
Jan-202129688442785344992547264723324394576922274
Dec-202029881343984345962563815543417556877076714
Nov-202029786943509344732555716023380649376789284
Oct-202029945144422346212569289583451589477074998
Sep-202030050744782346652578350063479561477136774
Aug-202029948144171346262569546983432086777008074
Jul-202030089645111346772581687683505124777093016
Jun-202030041044953346432577517803492848176959168
May-202030057845073345162578959243502172176623690
Apr-202030144145792344532586363783558038476411764
Mar-202030098145847343642582416983562311976187826
Feb-202029930445198343002568028323511884676054836
Jan-202029975245668343102571872163548403676048830
Dec-201929915745607342512566767063543663975939864
Nov-201929911245657341972566380963547548975768264
Oct-201929912046215341802566449603590905575701340
Sep-201929791845549341362556136443539157375557196
Aug-201929850346278341152561155743595800675407046
Jul-201929820146344340362558564583600928875211422
Jun-201929609745561338172540512263540089774715498
May-201929714146459337872549469783609864374637420
Apr-201929631846140336672542408443585078074395464
Mar-201929554146423335452535741783607067174108034
Feb-201929435746146333992525583063585544273763118
Jan-201929419646248333052524201683593469673542612
Dec-201829285245710331912512670163551667073251750
Nov-201829341546392331482517500703604658473118760
Average297,64644,54934,175$13,537,677,690
Each cir Nov-18$35,969

Combined it was $21,709,199,849 and that is if every case got maximum Shelter and Basic Needs for Individuals, Couples, and Single Parents with 1 dependant. Obviously everyone’s case is different and this is just a average scenario. But it goes to show that you have to question if Basic Income would have prevented over $20 Billion less of poverty costs on the general population. In retrospect that is about 1.5 years of spending on ALL Social Services across the province. Avoiding Basic Income was to avoid a 150% increase into spending, of course not considering the financial impact of doing nothing and not even raising rates.

Raising the rates just with inflation for Ontario Disability Support Program would have cost approximately $1,131 per single recipient for 3 years. (Using in 2018 — $1169, in 2019 — $1192, in 2020 — $1215, in 2021 — $1239)

What makes you think they even want to entertain the idea of helping the average worker?

We need a new thinking of Social Support that isn’t tied to a province that clearly won’t even cover Cost of Living Increases.
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