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Ontario to experiment with Basic Income
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K
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7 Mar ’16 - 10:32 am
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Canadian members, what are your thoughts?

Finland and the Netherlands have already shown their interest in giving people a regular monthly allowance regardless of working status, and now Ontario, Canada is onboard.

Ontario's government announced in February that a pilot program will be coming to the Canadian province sometime later this year.

The premise: send people monthly checks to cover living expenses such as food, transportation, clothing, and utilities — no questions asked.

It's a radical idea, and one that has been around since the 1960s. It's called "basic income." In the decades since it was first proposed, various researchers and government officials have given basic income experiments a try, to mixed results.

Folks at the Basic Income Canada Network, the national organization promoting basic income, have high hopes.

"We need it rolled out across Canada, and Quebec, too, is in the game," said chair of BICN, Sheila Regehr, in a statement. "So there's no reason why people and governments in other parts of this country need sit on the sidelines – it's time for us all to get to work."

Ontario officials haven't decided when or where exactly it'll roll out the program, nor how much each person will receive. When it does, the money will come from a portion of Ontario's budget set aside for the experiment.

more http://www.techinsid.....lan-2016-3

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Gravel Road
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7 Mar ’16 - 12:38 pm
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I am not Canadian...but wow...what an idea.  I would think there has to be a lot of taxes to cover such expenses.  It will be interesting in terms of economics to say the least.

"The universe is wider than our views of it." -HDT
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7 Mar ’16 - 1:07 pm
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I'm personally not a fan

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Gravel Road
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7 Mar ’16 - 2:28 pm
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I am not a fan on many levels. 

Based on that article I see a huge disincentive regarding making 'too much money' and getting taxed to death.  There is a part of this that screams mediocrity.

...if something like this were to happen, there is a huge incentive to take the money and work under the table for cash here and there.

Too Socialistic for me and it's not at all what this country was founded on.

"The universe is wider than our views of it." -HDT
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8 Mar ’16 - 7:59 am
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I was reading an article the other day where a futurist predicts that this is basically going to be the way of life in the next 100 years, with advances in robotics, AI, etc. that people will just be paid and have their needs taken care of, It sounded disturbingly like wall-e

I will have to look for it

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DangerDuke
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9 Mar ’16 - 9:48 am
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What could go wrong?

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