The Social Policy Simulation Database and Model (SPSD/M), version 28.1, is now available. This model update includes a dynamic labour adjustment model to reflect employment patterns for 2020 and allows users to run 2021 employment scenarios. It incorporates changes to income taxes and government transfers that were announced between November 15, 2019, and February 20, 2021, and includes the 2018-base market basket measure. It is based on 2016 data and can be used to study the effects of changes to federal and provincial tax and benefit programs on families and governments from 1997 through 2025.
