Easy win.
Canada is launching an experiment that will give 4,000 people free money until 2020
Finland, The Netherlands, and San Francisco, California have already shown their interest in giving people a regular monthly allowance - a system known as basic income.
Now Ontario, Canada, is planning its own basic income trial as well.
On April 24, Premier Kathleen Wynne outlined new details of the Ontario Basic Income Pilot (OBIP), which is slated to begin later this spring and last for three years.
A total of 4,000 people in three regions in the province will begin receiving additional income based on each individual's current salary.
A single person in the trial can receive up to $16,989 per year, though the equivalent of 50% of any additional earned income will be subtracted from that total. So a person who makes $10,000 a year at their job, for example, would receive $11,989 in basic income, for a total income of $21,989.
Eligible recipients, who must be considered low-income and be between 18 and 64 years old, will be chosen through a randomized selection process.
In her announcement, Premier Wynne said one goal of the pilot is to reassure people that their government supports them.
"It says to them, government is with you. Ontario is with you," she said.
Ontario announces basic income plan - Business Insider
Canada is launching an experiment that will give 4,000 people free money until 2020
Finland, The Netherlands, and San Francisco, California have already shown their interest in giving people a regular monthly allowance - a system known as basic income.
Now Ontario, Canada, is planning its own basic income trial as well.
On April 24, Premier Kathleen Wynne outlined new details of the Ontario Basic Income Pilot (OBIP), which is slated to begin later this spring and last for three years.
A total of 4,000 people in three regions in the province will begin receiving additional income based on each individual's current salary.
A single person in the trial can receive up to $16,989 per year, though the equivalent of 50% of any additional earned income will be subtracted from that total. So a person who makes $10,000 a year at their job, for example, would receive $11,989 in basic income, for a total income of $21,989.
Eligible recipients, who must be considered low-income and be between 18 and 64 years old, will be chosen through a randomized selection process.
In her announcement, Premier Wynne said one goal of the pilot is to reassure people that their government supports them.
"It says to them, government is with you. Ontario is with you," she said.
Ontario announces basic income plan - Business Insider
