Ontario Considers Trying Out Basic Income
Submitted by: lalapancakes⚫ 3 months ago
With poverty and jobs becoming more of an issue today, the idea of giving every citizen a basic income has begun to make inroads into civic conversations for economic structures in handling social issues. Arguments can be made for or against the idea but without actual examples to research, the topic is all based on hypothesis. Stepping away from speculation, there are places around the world which are giving this socio concept some actual consideration. One of those places being the providence of Ontario in Canada.
“The provincial government of Ontario confirmed it is holding public consultations on the $25m (£15m) project over the next two months, which could replace social assistance payments administered by the province for people aged 18 to 65.
People with disabilities will receive $500 (£292) more under the scheme, and individuals who earn less than $22,000 (£13,000) a year after tax will have their incomes topped up to reach that threshold.
The pilot report was submitted by Conservative ex-senator Hugh Segal, who suggested the project should be tested on three distinct sites: in the north, south and among the indigenous community of Ontario.”