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In the heart of Canadian policy debate, a concept of financial equity burgeons as the nation deliberates implementing Universal Basic Income (UBI). The discussion circles around the proposed amendment to the Income Tax Act, an initiative aiming to elevate the basic personal amount to $15,000 by 2023. This proposition seeks to extend a primary benefit of $1,211 per month, totalling $14,532 annually, to uninsured Canadians under 18, persons with disabilities, and seniors with an annual family income below $90,000.

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