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Province proposes 3 test sites, including one in the North

Province proposes 3 test sites, including one in the North

File Photo North Bay is among the many communities interested in becoming a test site for a proposed basic income pilot project in Ontario.

Joseph Bradbury, chief administrative officer of the District of Nipissing Social Services Administration Board, said the local agency has already expressed its interest to the province.

He said a total of three test sites have been proposed – including one in southern Ontario, one in the North and another being an Indigenous community.“We know there is a lot of competition,” said Bradbury, noting most Northern Ontario communities share the same sorts of social pressures and are likely […]

Jim’s Pool Care Franchise – Guaranteed Income of $1,500/Week for the First 6 Months – Mobile Service – Gold Coast – Exciting Opportunity….Only $67,500 + VAN

Jim's Pool Care Franchise - Guaranteed Income of $1,500/Week for the First 6 Months - Mobile Service - Gold Coast - Exciting Opportunity....Only $67,500 + VAN

BUSINESS DETAILS Are you looking for a business you can operate from home, with low overheads, flexible hours and incredible training and ongoing support? Jim’s Mobile Pool Care Franchise could be just the thing you are looking for.

Jim’s Pool Care has been operating for over 13 years and continues to grow to meet the demand for service work and as such, we are now the largest mobile Pool Care Franchise in QLD. Due to ever increasing demand, we are currently have to turn away work in most areas and are super keen to get someone started in suburbs […]

Money for nothing? Finland trials basic income scheme

Money for nothing? Finland trials basic income scheme

A group of 2,000 unemployed people in Finland have just received their first payment from the state as part of a trial basic income scheme. For the next two years they will receive a guaranteed 560 euros a month ($597) tax-free, regardless of whether they find work or not. Ivor Bennett reports.

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Automation replaced 17,000 people’s jobs at one of the world’s largest professional services and tech firms Accenture over the last 18 months, but no one actually lost their job – “We are fortunate enough to reskill and reposition them.”

both can be expected to happen simultaneously and in equal proportions. > This likely explains why over the last 200 years of increasing automation, we have never had rapid bursts of automation associated with an unemployment crisis. Depends on who you consider being employed. Horses surely have less work to do now than they did before the industrial revolution. Similarly, humans will have less work to do if everything a human can do could be done by something else. In order for humans to compete with it, we’ll have to modify yourselves to stay competitive.

The question becomes what is […]

[OPINION] Davos: Unpacking the future of the insurance sector

[OPINION] Davos: Unpacking the future of the insurance sector

How does the insurance sector – a sector highly correlated to GDP growth – prosper in a global economy that is stuttering?

At the World Economic Forum at Davos, the chairman and CEO of the Dow Chemical Company presented a talk which dealt with the broken global economy and suggested that inclusive capitalism is the answer to fixing it.

Inclusive capitalism is defined as generating profits as well as creating holistic value for all by solving problems and improving lives.Insurance companies could argue that they are already doing this by being innovative in managing and pricing for risk as precisely as […]

Bet You Didn’t See This Coming: 10 Jobs That Will Be Replaced By Robots

Bet You Didn't See This Coming: 10 Jobs That Will Be Replaced By Robots

I was recently talking to a friend of mine who’s an accountant. He has his own accounting firm and lives an upper-class lifestyle in the Chicago suburbs. As he’s an accountant with an additional degree in economics, naturally the conversation veered to the future of the economy. He said he will happily pay for his daughter’s college education, provided she won’t pursue a degree in accounting.

This isn’t the first time I’ve heard a parent say they don’t want their child following in their career footsteps; a lawyer recently told me the same thing. And it’s not because they feel […]

For white-collar staff, AI threatens new workplace revolution

For white-collar staff, AI threatens new workplace revolution

If your job involves inputting reams of data for a company, you might want to think about retraining in a more specialised field. Or as a plumber.

After industrial robots and international trade put paid to many manufacturing jobs in the West, millions of white-collar workers could now be under threat from new technology such as artificial intelligence (AI).

The issue of how best to face up to this "Fourth Industrial Revolution" has been exercising politicians and business leaders this week at the World Economic Forum in the Swiss Alpine town of Davos.The progress of artificial intelligence has been "staggering" in […]

Finland’s jobless welcome universal basic income trial

Finland’s jobless welcome universal basic income trial

HELSINKI: For just one hour of work, Juha Jarvinen had to fill out piles of paperwork only to see his unemployment insurance docked. But with Finland’s universal basic income test, he’s hoping for a fresh start. As of Jan. 1, a two-year experiment will see 2,000 unemployed Finns receive a monthly unconditional payment of 560 euros ($590).

If the test is successful, the plan will be rolled out nationwide, though the exact amount and conditions remain vague at this stage.

The basic income pilots have been tried in a number of countries worldwide, especially in the last decade, such as Canada, […]

Budget 2017: How Arun Jaitley can cut everyone’s tax burden, pay the poor and still be revenue neutral

Budget 2017: How Arun Jaitley can cut everyone’s tax burden, pay the poor and still be revenue neutral

The latter can take, and has taken, many forms over the years. Technology (Aadhaar) and political will (demonetisation) allows India to finally begin to think BIG, and efficiently, in terms of redistributive policies. In our January 14 article (goo.gl/zYYrlq), we had outlined what we believe is a major opportunity for the Modi government to bring in a structural reform to our income tax structure. What we suggested, and expand today, is an integrated approach to both taxation and redistribution. The latter can take, and has taken, many forms over the years. Technology (Aadhaar) and political will (demonetisation) allows India […]

Holyrood to look at Universal Basic Income as calls rise to emulate Finland

Holyrood to look at Universal Basic Income as calls rise to emulate Finland

Scottish Parliament to look into feasibility of a universal basic income

A UNIVERSAL BASIC INCOME will be investigating and debated on by politicians in the Scottish Parliament in March this year by the social security committee.

Most of the committee’s work this year will be looking at how to apply the new welfare powers devolved under the terms of the Smith Commission but it will also study the cost and practical ease by which a UBI could be implemented.The news follows the trials of the UBI in Finland, the Canadian province of Ontario and the Dutch cities of Groningen, Tilburg, Utrecht […]