Tag: guaranteed income

The idea of a guaranteed basic income for residents of Ontario was the focus of a discussion at city hall on Friday night.

Kitchener is one of 14 communities discussing a pilot project that could see a basic guaranteed income replace Ontario Works and the Ontario Disability Support Program.

The pilot project will study whether giving people a basic guaranteed income is a more effective way to reduce poverty, improve health, housing and employment in Ontario. Residents and politicians meet at Kitchener City Hall on Jan. 13, 2017 to discuss the possibility of a basic income pilot project. Kitchener-Centre MPP Daiene […]

Full Post at kitchener.ctvnews.ca

Finland kicked off the New Year by rolling out a groundbreaking trial that will give some of its citizens a universal basic income, in a bid to reduce poverty and increase employment. Little over a year after the Finnish government first announced its plan to eventually replace earnings-based social insurance benefits with a basic income, the first unconditional monthly payments of €560 ($587) began on Jan.1, reports the Associated Press. According to AP, 2,000 people, all currently on unemployment benefits, have been chosen at random to take part in a two-year pilot trial. The basic income will be deducted […]

Full Post at www.truthandaction.org

Come along and hear about an idea that is gaining traction around the world and could transform our society.

The Buchanan Institute is proposing a universal basic income , a guaranteed weekly or monthly payment for all citizens, that will provide everyone with a secure financial foundation to build their lives. We are delighted to be launching in partnership with the Royal Society of Arts (RSA) and that one of our confirmed speakers is Cllr Matt Kerr , who is leading the efforts to implement a basic income pilot for Glasgow citizens.

This is a chance to come and hear and […]

Full Post at www.eventbrite.co.uk

The City of Kitchener is the latest stop in a 14 city provincial tour to discuss whether or not the province should launch a pilot project for Basic Guaranteed Income (BGI).

The plan would guarantee people a monthly payment to supplement their income in order to reach a pre-determined basic earning level. A number of countries are either considering or have implemented similar pilot projects.

The Friday night consultation at the rotunda of Kitchener City Hall will ask the community: Who should be eligible? Where should the pilot take place? What should the basic income level be? How best to evaluate […]

Full Post at www.cbc.ca

How Universal Basic Income Could Rescue The Freelance Economy | Fast Company | Business + Innovation On January 1 Finland became the first country in history to launch a large-scale universal basic income trial . The two-year trial selected 2,000 unemployed Finnish citizens and will pay them €560 ($587) each month whether or not they find a job during the trial. There are also no requirements for reporting how they spend the money. The experiment aims to see if large-scale UBI programs could actually help boost employment and spur the economy by providing people with a small guaranteed income, […]

Full Post at micaheldotu.wordpress.com

Bedingungsloses Grundeinkommen

It’s 2017 and universal basic income (UBI) is in the spotlight, thanks primarily to Finland’s pioneering experiment. But even before this, several countries had been considering UBI as an option – each with their own respective trial runs in the works. For instance, India’s Ministry of Finance is set to submit a report that endorses the viability of UBI.

They aren’t alone. The CEO of one of Germany’s largest telecommunications company, Deutsche Telekom (DT), gave his thoughts on the subject of UBI – or bedingungsloses Grundeinkommen – in a recent interview with German daily Handelsblatt. DT CEO Timotheus […]

Full Post at trueviralnews.com

On January 1 Finland became the first country in history to launch a large-scale universal basic income trial . The two-year trial selected 2,000 unemployed Finnish citizens and will pay them €560 ($587) each month whether or not they find a job during the trial. There are also no requirements for reporting how they spend the money. The experiment aims to see if large-scale UBI programs could actually help boost employment and spur the economy by providing people with a small guaranteed income, which could enable them to take more risks, such as applying for different kinds of jobs, […]

Full Post at www.fastcompany.com

The faces of poverty The Ontario government is conducting an online survey to find out what you think about a no-strings-attached basic income as a way to reduce poverty. It’s a step on the road to a pilot project that could last up to three years.

At the risk of spoiling the suspense, I’m going to say giving people more money will reduce poverty. The questions are, would a guaranteed annual income be good public policy and does the government have the money to follow through?

Ontario is following up on a report from former senator Hugh Segal and is prepared […]

Full Post at www.woodstocksentinelreview.com

But is a UBI feasible? Is it affordable? For instance, if a guaranteed minimum income is provided universally, where would the vast majority of citizens access better nutrition, healthcare and educational facilities for their children? (HT) Ahead of the forthcoming budget on February 1, there is a buzz surrounding the feasibility of a universal basic income (UBI) in the Indian context. Simply put, a UBI is a sum of money provided by the State to all citizens to take care of the bare necessities of life. This measure is intended to provide a “safety net preventing any citizen from […]

Full Post at www.hindustantimes.com