Hello, I'm Manuel L Saragossa. This is Business Daily from the BBC. Welcome. Coming up, he was

homeless until he was given a huge wad of cash for free. How many people do you think that

get somebody walking up to you and saying, hey, we're going to give you a gift of $7,500?

Because I was looking at it like, okay, how am I going to get stung in the long run, right?

Like, I'm kind of looking at it, untrusting, right?

Could it be that the most efficient way to spend money on the homeless might be to, well, just give it to them?

A Canadian project thinks so.

There's a common assumption that if we give cash to the poor, that people in homelessness,

then they're going to splurge and squander it.

That's an entirely wrong misconception.

But there have been criticisms.

That's all here in Business Daily from the BBC.

Okay.

I have hearing aid, so I I got to put them in.

Sure, yeah. Do you want a second? Do you want a second to do that?

I got it. It's on now.

Excellent. Okay. And you can hear me loud and clear.

Yes, I can hear you now.

Joseph there in Vancouver was homeless for many years, well over a decade, in fact.

His first period of homelessness happened when he suffered with alcoholism.

I've had experiences of living in the back alleys and, you know, in cardboard boxes and stuff like that just to keep warm.

Joseph eventually sorted himself out, getting a job in a warehouse,

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