When I was in my mid-20s, I was fortunate enough to be able to invest my life savings in an income property. The rental income provided a sense of economic security that later enabled me to quit my job and start my own business. I now run an eight-figure global company.
Several other successful entrepreneurs I know were also able to take risks on their business because of the financial and emotional security provided by a guaranteed passive income stream — whether social assistance payments or spousal support.Read more
Nearly half of the thousands of Ontarians collecting basic income reported severe food insecurity.
In the baseline survey, 48.4 per cent reported experiencing severe food insecurity. Survey comments made to the Basic Income Canada Network indicated that the higher quality food recipients were able to purchase while on the pilot improved their lives — sometimes dramatically.Read more
Court has ‘no authority’ to quash PC decision to cancel basic income; ruling has ‘no effect’ on possible class action lawsuit
It was not the kind of Valentine’s Day gift supporters of basic income were looking for.
The Ontario Superior Court of Justice Divisional Court says the court has no authority to force the PC government to continue funding the Ontario Basic Income Pilot program.Read more
The danger of so-called “free money” not only underpins critiques of universal basic income (UBI), but also the incredibly strong narratives that underlie the attitudes to work in the UK (and elsewhere) – and our unemployment benefit system. Paid employment is held up as one of the ultimate markers of being a valuable member of society, with those not in paid work (always described in these narratives as a voluntary position, rather than as the result of issues outside their control) seen as a drain on society. Those out of work are positioned in direct contrast to those in paid employment: the shirkers versus the strivers, the “welfare dependent” versus the hardworking families.Read more
Finland has completed a major trial into the effects of a basic income, and the preliminary results are positive. Recipients felt happier, less stressed, trusted politicians more, and even felt more comfortable on the same levels of income as people that did not receive a basic income.
“The findings are broadly positive, but there are still a lot of unanswered questions,” Luke Martinelli, a research associate from the Institute for Policy Research at the University of Bath, tells Inverse. “There are some significant results on self-reported well-being and levels of trust in other people and institutions.”Read more
Doug Ford, premier of Ontario, is poised to kill one of the world’s most ambitious and sophisticated universal basic income pilot projects (UBI), cutting a year off its intended three-year duration. The decision was made last July, soon after the Ford government came to power, and is effective March 31.
Ontario’s new government is able to do that because the UBI project, and its promise to reinvent social assistance and give poor people greater incentive to join the paid workforce, is scarcely known or understood.Read more
While the federal government may be considering the merits of a basic income for Canadians, those participating in the Ontario pilot know already how it was changing their lives for the better.
In fact, there were four key ways basic income directly affected people’s work lives, according to survey information – more learning and education; affordability of transportation; starting or maintaining a business; and childcare.Read more
A participant in, and an advocate for, the basic income pilot project in Thunder Bay, Ont., says he's facing a lot of uncertainty now that the program is in its waning weeks.
The pilot, launched by the previous provincial Liberal government, was cancelled after the Progressive Conservatives came into office in the June 2018 election. Despite the six-month wind-down, anti-poverty activists have said canceling the program ahead of schedule puts many in very difficult situations.Read more
Finland has just completed a major basic income experiment where 2,000 unemployed people were given €560 (£490) a month for two years, instead of their unemployment benefit.
The basic income was paid with no strings attached. Recipients weren't required to seek or accept jobs but still received the payment if they found a job.Read more
In just a few weeks, Ontario's ambitious basic income pilot project will be over, cancelled by Doug Ford's Conservative government. The last payments go out March 31.
For the 4,000 people from Hamilton, Thunder Bay and Lindsay who depended on that money to survive, what happens now?
CBC Hamilton hosted a live chat on this page and on the CBC Hamilton and CBC Thunder Bay Facebook pages from noon to 1 p.m. Friday. Laura Cattari, a basic income recipient from Hamilton, Sheila Regehr, Basic Income Canada Network Chairperson, Tom Cooper of the Hamilton Roundtable for Poverty Reduction and Joshua Hewitt, a recipient from Thunder Bay, were all part of the panel.Read more