LONDON (CNNMoney) – The Canadian province of Ontario will become the latest place to test a guaranteed income program for low-income residents. The provincial government launched a pilot program on Monday that will provide 4,000 people with a guaranteed income, regardless of their employment status.
The idea of a guaranteed — or “basic” — income is gaining currency around the globe. Supporters say the schemes offer workers greater security, especially as technological advances reduce the need for human labor. They also allow unemployed people to pick up odd jobs without losing most of their benefits.
Individuals in Ontario’s program can receive […]
Full Post at www.wgow.com