A pilot project on the effects of implementing a guaranteed minimum income officially begins in three regions of the province.
For three years, this program will study how a basic income could improve the quality of life of less affluent citizens, particularly in health, education and employment.
The basic income is a payment to eligible individuals or families to ensure a minimum income level, regardless of employment status, and is separate from social assistance.
The forms were mailed to various families in the participating cities.
Recipients must review if they meet the selection criteria. If they are eligible for the pilot project, they have three weeks to express their interest.
- Hamilton, Brantford and Brant County
- Thunder Bay and the surrounding area
- Lindsay (from the fall of 2017)
Along with this project, the Wynne government has also planned a similar project for First Nations.
People aged 65 and over are not eligible for this pilot program because they receive more advantageous benefits than a basic income.
These benefits include Old Age Security, the Guaranteed Income Supplement and the Ontario Guaranteed Annual Income Plan.
What does a basic income look like?
According to a tax credit model developed by MP Hugh Segal, the pilot project will guarantee up to $ 16,989 a year for a single person, at least 50%. 100% of all earned income and up to $ 24,027 per year for a couple, minus 50%. 100 of any income earned.
People with disabilities will receive an extra $500 a month.
The pilot project will be evaluated by a third party research group, and an advisory group. The results will be known in 2020.