Chrystia Freeland was reported to have said that the Canadian Economy may need 6-8 months of slow starting the economy safely. This means that thousands of Canadians will be left behind by expiring EI claims, CERB ending October 3, CEWS capped, and more. With Seniors only getting up to $600 for the entire disaster, EI […]
About: Joseph Vander Meer
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Posts by Joseph Vander Meer:
37% of Insolvencies contain Payday Loans
The proportion of insolvent borrowers using payday loans in Ontario is on the rise, according to a new report, which revealed four in 10 insolvencies in 2018 can be traced back to the costly type of loan. 1 The average insolvent payday loan borrower now owes $5,174 in payday loans on an average of 3.9 […]
Basic Income trends more on twitter than you think it would
#Unemployment #Jobs #BasicIncome All images are from https://www.trendsmap.com/ and do not represent real time. They were taken at the time of this article. Basic Income has been trending on twitter for over 5 years. With no pause since September 2015 it has been a hot topic. Have we come to a point where it can’t […]
The pros and cons of basic income for Canadians
Evelyn Forget, economist, professor at the University of Manitoba and author of “Basic Income for Canadians,” joins BNN Bloomberg to break down the pros and cons of basic income. https://www.bnnbloomberg.ca/economics/video/the-pros-and-cons-of-basic-income-for-canadians~1507698
Carol Tolan extends Stockton’s UBI to January 2021
A pioneering universal basic income pilot in the low-income California city was scheduled to expire soon. But the coronavirus crisis made the case to extend it. https://www.citylab.com/equity/2020/06/ubi-stockton-universal-basic-income-coronavirus-economy/611191/
Spain rekindles idea of BI
Podemos leader enlists Portugal and Italy to lobby for policy as depression looms for coronavirus-ravaged southern Europe It’s been proposed, probed and pushed to the margins of the European Union for more than two decades. Now, as Europe reels from tens of thousands of coronavirus deaths and millions of lost jobs in the worst recession […]
How would UBI affect housing?
By creating a Universal Basic Income in Canada, we would be changing the residential housing market over night. Not only would the prospect of being a landlord be more appealing and investing in housing would boom, but the standards in which a landlord can keep a tenant will be improved as well. When the demand […]
How do we pay for it?
Canadian politicians have estimated that it would cost between $40-$80 Billion per year However they don’t make clear between the 14 federal and provincial governments we spend over $165 Billion per year. $165 Billion per year already? What is it spent on? If each budget asked for 2% more each year 2019 – $168.3 Billion2020 […]
How does the gov’t recover UBI back?
Recovering the funding for UBI would be the first goal of the Canadian Government. To initiate a program of this size, they would have to be able to recover a good amount of it back quickly or the government could become cash strapped as it evolves… At first we think, ohh that would be easy, […]
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