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Canada Is About To Give 4,000 Households Free Money For Three Years
Canada is the latest place to experiment with a universal basic income, offering up to $24,000 to eligible Canadian households. The province of Ontario announced plans to study basic income through a three-year pilot project, where it will provide the funding to 4,000 households selected at random. The plan calls for single persons to receive up to $17,000, minus half of any income earned. Couples could be eligible for up to $24,000, and persons with disabilities could receive $6,000 more, according to CBC News. Ontario Premier Kathleen Wynne, who faces re-election in 2018, hopes to find out whether a basic income is ... (full story)