They way we have been using money is completely WRONG. Money should not be in the hands of the banks and government it should be in the hands of the community and village.
Money should not be a weapon and that is exactly how it is used today. This basic income scheme is an excellent idea.  It will infact help Canada grow socially and economically and ultimately prosper.
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How can anyone be happy when Canada gives away 120 million dollars to developing nations when families and communities in Canada can hardly afford to eat? What is the sense in that. To supplement a few million people with 10-20k a year is nothing in the great economic scheme of things. This supplement will actually make Canada money because people will be happy to work harder and give back to the community that has given them so much. There is no reason anyone in Canada should live in poverty, this is just a problem with economics.