Category: Basic Income

Should your RRSP pay for long-term care insurance?

Should your RRSP pay for long-term care insurance?

Open this photo in gallery: Long-term care insurance coverage kicks in once you’re no longer able to independently perform two or more activities of daily living, such as getting dressed, eating, or getting in or out of bed. The premium costs for the coverage depends on a number of factors including how young and healthy you are when you apply. Jennifer Jacobs, a long-term care specialist in Oakville, Ont., who has built her practice around insurance coverage for living benefits, believes we’re heading toward a "perfect storm."

The population of aging Canadians is growing. They are living longer in retirement […]

Opinion: This action plan can give all Americans a secure retirement

Opinion: This action plan can give all Americans a secure retirement

Here’s a surprise: U.S. workplace savings programs such as 401(k)s are a successful, innovative, inexpensive and constantly-evolving system that may prove to be the most successful retirement system that Americans have ever seen.

Yes, I know we’re all worried about the boomers and their savings deficit. And we’re preoccupied about the fiscal health and sustainability of Social Security and Medicare. Actually, we have quite a bit to be worried about .

But consider this: more than one-half of Americans today are participating in workplace retirement savings programs or contribute to traditional defined benefit pension plans. In the main, they are pleased […]

Why Singapore should pilot an algorithmic Data Exchange

Singaporeans, like many others, are concerned that emerging technologies could lead to widespread unemployment and social unrest as humans are replaced in the workforce by automation, artificial intelligence and robots.

Whilst not entirely misplaced, such anxieties have sparked discussions about alternative economic models, for example concepts like a Universal Basic Income. Another possibility is a new economic model built around data, or more precisely, a data economy based on an ‘algorithmic data exchange’ akin to a stock market that creates value through the exchange of data assets.

If established correctly such a Data Exchange could help address economic inequality, a concern […]

The craze for a universal basic income: everything you need to know – The Mandarin

The craze for a universal basic income: everything you need to know – The Mandarin

Extract from an article by Apolitical Description of It’s the one thing libertarians, lefties, tech gurus and feminists agree on. But does that mean government should pursue it?

Basic income is a simple, radical idea. In essence, it is that a government should give each of its citizens enough money to live on, with no strings attached. What people do with it is entirely up to them.

It could end poverty and the indignity of the welfare state at a stroke, while making mincemeat of red tape and regulations. Or it could turn us into feckless layabouts and destroy the economy. […]

Democrats Tiptoe Around Universal Basic Income

Democrats Tiptoe Around Universal Basic Income

Strange Bedfellows Arise Over Social Safety Net Proposal

When former Vice President Joe Biden announced his opposition to universal basic income a few weeks ago, it seemed like he was drawing a line in the sand that he believed progressives shouldn’t cross.

To his left, Sen. Bernie Sanders (I-Vt.) — who may be preparing to reprise his role as a left-wing antagonist in the next presidential primary — supports the policy. But unlike his aggressive push to bring other Democrats on board for his proposal for a single-payer health insurance system, he realizes his colleagues who are officially part of […]

Cheniere Energy Partners, L.P. (CQP) Forming A Pattern Of Major Movements

Cheniere Energy Partners, L.P. (CQP) Forming A Pattern Of Major Movements

Cheniere Energy Partners, L.P. (NYSE:CQP) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 13.35B, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

Cheniere Energy Partners, L.P. (NYSE:CQP) Fundamentals That Matter

It’s generally a good idea to start with […]

Trialling new Basic Income concept welcomed by Watt

Trialling new Basic Income concept welcomed by Watt

Councillor Darren Watt. A COWDENBEATH councillor is welcoming the news that a possible new strand to the benefits system could be piloted in this area.

The Universal Basic Income idea was talked about as possible alternative to the current system and Fife Council is looking at it.

Councillor Darren Watt said this week: "Everyone would agree our current welfare system is a complex mess and a fair, alternative solution is needed and I can confirm the Conservative group on Fife Council would welcome the Council’s plan to trial Universal Basic Income (UBI). "Cowdenbeath or Kelty have been mentioned as possible pilot […]

Election 2018: Green Party candidate joins provincial election race in Ottawa South

Election 2018: Green Party candidate joins provincial election race in Ottawa South

A longtime south Ottawa resident is asking Ottawa South voters to think green in the next provincial election.

Les Schram, a Billings Bridge resident who has lived in south Ottawa for almost 30 years, says he is ready to take on the job of a member of provincial parliament.

“It’s really about being in touch with people,” said Schram, 71. “If you’re in touch with people and you’re in touch with their concerns, then you can develop legislation that makes sense.”His decision to seek the nomination took no time at all to make. He began volunteering with the Ontario Greens two […]

Tory MP Says Universal Credit Is ‘Exacerbating’ Foodbank Use And It Is ‘Crazy’

Tory MP Says Universal Credit Is ‘Exacerbating’ Foodbank Use And It Is ‘Crazy’

Kevin Hollinrake MP says local and national government is letting down people in poverty Universal Credit is the main reason people were flocking to foodbanks in record numbers, a Tory MP has admitted as he accused government of “frightening” incompetence.

Kevin Hollinrake, who chairs the All Party Parliamentary Group (APPG) on Poverty, said it was “crazy” the welfare reforms were driving people to rely on charity as he slammed national and local government for “exacerbating a bad situation”.

It comes as Work and Pensions Secretary David Gauke confirmed Universal Credit would be rolled out as planned, despite a Tory rebellion and […]

Taking a Look at the Operational Data for WPCS International Incorporated (WPCS)

Taking a Look at the Operational Data for WPCS International Incorporated (WPCS)

WPCS International Incorporated (NASDAQ:WPCS) seems to be forming a pattern of major movements, providing only some crumbs of outlook for market participants trying to figure out its next move. Now trading with a market value of 4.80M, the company has a mix of catalysts and obstacles that spring from the nature of its operations. Everyone seems to have their own opinion of this stock. But what do the numbers really say? We think it’s a great time to take a fresh look.

WPCS International Incorporated (NASDAQ:WPCS) Fundamentals That Matter

It’s generally a good idea to start with the most […]