Archive for the ‘Social Security’ Category
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Revisiting Manitoba’s basic-income experiment
Tuesday, January 24th, 2017
With the renewed interest in basic income, the Mincome data and technical documentation are available for public access. Certainly the socio-economic context of 2017 is different than that of 1977; however, the research design and quality control used to collect the data was state-of-the-art, which remains obvious to this day. Important questions on income and wealth, the impact of a basic income on family stability and how changes in income affect investment in education are all topics Mincome can still usefully address.
Tags: budget, economy, featured, ideology, jurisdiction, participation, poverty, standard of living
Posted in Social Security History | No Comments »
Disability tax credit not extended to those with mental illness
Friday, January 13th, 2017
The Disability Tax Credit is available to Canadians with a physical or mental condition that severely impedes their ability to perform basic activities… Eligibility is based on the degree to which a person’s condition affects their life… The CRA’s requirements state that a person’s condition must restrict their abilities at least 90 percent of the time. Mental disorders can have a “more variable course” than that, but still cause profound disability
Tags: disabilities, featured, ideology, mental Health
Posted in Social Security Policy Context | 2 Comments »
The basics of a guaranteed basic income
Tuesday, January 10th, 2017
… you can either pay everyone the same amount, then tax it back starting with the first dollar of earned income, or you can pay out to those with incomes below that point, and tax those above it — it entails a much heavier gross outlay. And besides, other countries are already testing it… Segal’s model would be limited, at least initially, to replacing the current welfare and disability systems.
Tags: budget, economy, featured, ideology, jurisdiction, poverty, tax
Posted in Social Security Debates | No Comments »
Finland to pay unemployed basic income of $780 a month
Wednesday, January 4th, 2017
Finland has become the first country in Europe to pay its unemployed citizens a basic monthly income, amounting to 560 euros ($784), in a unique social experiment which is hoped to cut government red tape, reduce poverty and boost employment… the basic income experiment may be expanded later to other low-income groups such as freelancers, small-scale entrepreneurs and part-time workers.
Tags: economy, featured, globalization, ideology, poverty, standard of living
Posted in Social Security Policy Context | No Comments »
Basic Income and Ontario’s Pilot Consultations: Ten Benefits of Basic Income
Thursday, December 15th, 2016
The Government of Ontario has committed to conducting a Basic Income pilot project as part of a comprehensive reform to the province’s social assistance programs… The pilot aims to test whether Basic Income is an effective way of lifting people out of poverty and of improving health, housing and employment outcomes. It will study different ways of delivering income support and reducing poverty in Ontario, and, based on results, will decide whether to make it permanent.
Tags: budget, economy, featured, ideology, jurisdiction, poverty, standard of living
Posted in Social Security Policy Context | No Comments »
Canada’s younger generation needs a new pension tool
Monday, December 12th, 2016
Ottawa recently introduced proposed changes that would amend federal pension laws to permit federally regulated employers to provide a pension plan with a target-benefit design… the proposed changes would make it easier for employers to offer another registered pension option beyond the usual defined-benefit (DB) or defined-contribution (DC) models.
Tags: economy, participation, pensions, standard of living, youth
Posted in Social Security Policy Context | No Comments »
Cost of poverty in Toronto pegged at $5.5 billion a year
Tuesday, November 29th, 2016
Poverty in Toronto costs between $4.4 billion and $5.5 billion a year, according to a groundbreaking report on what we all pay in added health care, policing and depressed economic productivity for the city’s 265,000 families living on low incomes… Although the report outlines the cost to society at large, the burden of poverty falls most heavily on those living on low incomes.
Tags: budget, crime prevention, economy, Health, ideology, mental Health, participation, poverty, standard of living
Posted in Social Security Debates | No Comments »
Food Banks Canada: HungerCount 2016
Wednesday, November 16th, 2016
The number of people accessing Canadian food banks increased for the third consecutive year in 2016, and is now 28% higher than before the 2008-2009 recession. 863,492 people received food from a food bank in March 2016. 307,535 children are helped each month while children aged 6-11 make up about 6% of the total Canadian population, they make up over 12% of people accessing food banks
155,756 Canadians in rural communities rely on a food bank every month
Tags: featured, Health, homelessness, ideology, poverty, standard of living
Posted in Social Security Debates | No Comments »
Ontario should test out plan for ‘basic income’
Tuesday, November 8th, 2016
The idea of providing a basic minimum income for everyone – no strings attached – is an alluring one that has been kicked around for decades… But designing a plan that’s effective, financially affordable and politically acceptable has proven beyond the wit of social reformers… To actually get out of poverty, Segal acknowledges in his report, people would not be able to rely only on his proposed basic income… “It is their labour that will accomplish this.”
Tags: budget, featured, Health, homelessness, ideology, participation, poverty, standard of living
Posted in Social Security Policy Context | 1 Comment »
Proposed basic income pilot would provide monthly payments of at least $1,320
Thursday, November 3rd, 2016
The no-strings-attached payments would be non-taxable and participants would be allowed to keep a portion of any additional income earned through employment, Segal suggests in “Finding a Better Way: A Basic Income Pilot Project for Ontario.” Participation would be voluntary and no one would be financially worse off as a result of the pilot, which would include adults between the ages of 18 and 65.
Tags: budget, featured, ideology, jurisdiction, participation, poverty, standard of living
Posted in Social Security Debates | 2 Comments »
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