World Economic Forum blog: Canada’s basic income experiment will it work? – Basic Income News

In January, Apolitical published an exclusive interview with two leaders behind the planning of a pilot study of a basic income guarantee program in Ontario, Canada: Helena Jaczek, Ontarios Minister of Community and Social Services, and project advisor Hugh Segal.

Earlier this month, the interview was republished in the official blog of the World Economic Forum, the Switzerland-based organization responsible for the prestigious annual Davos meeting (which this year held a panel discussion and debate on basic income: dream or delusion).

In the interview, Jaczek and Segal explain the reasons for their interest in and optimism about basic income. Jaczek sees the program as a means to provide economic security to allow individuals to contribute to society. Segal supports basic income as a way to avoid the poverty trap that occurs when poor individuals lose benefits after taking a job, as well as a way to empower the poor to make decisions on their own behalf.

The Government of Ontario has recently completed public consultation hearings on an initial proposal for the pilot study, and will release its final plan in Spring 2017. As proposed, the pilot will consist of both a randomized control study in a large metropolitan area (in which randomly selected individuals receive the basic income guarantee) and several saturation studies (in which all members of a small city receive the basic income guarantee). If Segals initial recommendations are followed, subjects will be eligible to receive an unconditional cash transfer of up to 1,320 CAD (about 1,000 USD) per month, gradually tapered off with additional earnings, which would replace existing unemployment programs in the province.

Read more:

Exclusive: Inside Canadas new basic income project, Apolitical, January 4, 2017.

Canadas basic income experiment will it work? World Economic Forum blog, February 2, 2017.

Reviewed by Danny Pearlberg

Photo (Ottawa, Ontario, Canada) CC BY 2.0Brian Burke

Kate McFarland has written 358 articles.

Kate began reporting for Basic Income News in March 2016, joined BIEN's Executive Committee in July 2016, and was appointed Secretary of BIEN's US affiliate (USBIG) in November 2016. She has received funding from the Economic Security Project and Patreon for her work for as a basic income news reporter.

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World Economic Forum blog: Canada's basic income experiment will it work? - Basic Income News