In this paper, Wayne Simpson and Harvey Stevens of the University of Manitoba explain how a $51 billion federal basic income program or a $82 billion federal-provincial basic income program could be funded by converting select Non-Refundable Tax Credits (NRTCs) and the Federal Sales Tax Credit (GST) into the revenue base for a partial basic income, with significant positive impact on the incidence and depth of poverty and on income inequality in Canada, and essentially negligible impact on labour supply.