GLBI formula from Ontario Liberals shows a 12% increase from 2018 to 2022 in rates due to inflation

In 2018 the GLBI formula estimated that a Single Individual could receive up to $16,989 a year. For a Household it was $24,027.

In 2020 the GLBI formula estimated that a Single Individual could receive up to $18,329 a year. For a Household it was $24,922.

In 2022 the GLBI formula estimated that a Single Individual could receive up to $19,043 a year. For a Household it was $26,931.

The last set of 4 reports, didn’t include our Territories or Reserves. It didn’t include the 17 year olds that are part of Bill C-223 and S-233.

These numbers do not represent an actual total, nor do they include the funding for those with Disabilities. Nor do they account for regional cost of living adjustments. Basically, the last costing report is outdated and under populated.

Not only that, but the Scenarios 2&3 which represents 11.9 million singles & households across Canada, deserve to know if it’s cheaper to help them as well, providing a once in a lifetime opportunity to save thousands of dollars through their working career at a faster rate than a tax cut.

Does this deserve more attention?

Sign the petition for a new report.

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