Ontario is canceling its basic income pilot program two years earlier than planned.
The Canadian province is a year into an experiment that gives 4,000 low-income participants an annual stipend, as part of an effort to determine whether a basic annual income is more effective than other social programs.
Under the pilot program, individuals received $13,000 per year and couples got $19,000.If recipients worked while receiving the benefit, they agreed to give the government 50 cents for every dollar they earned. They were also required to opt out of some government social services.The concept of universal basic income — or money […]
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