26.08.2016 - 08:44 [ Globe and Mail ]

Finland planning to test the effects of paying a basic income

The Social Insurance Institution of Finland, known as Kela, will be responsible for carrying out the experiment that would start in 2017 and include 2,000 randomly selected welfare recipients, according to a statement released Thursday. The level of basic income would be €560 a month ($816 Canadian), tax free and mandatory for those picked.