Basic income

TECHNATION industry association receives additional $32M in funding helping build back Canadian businesses through Career Ready wage subsidy program

Retrieved on: 
Thursday, October 22, 2020
Articles, Economy, Income distribution, Basic income, Subsidies, Unemployment, Wage subsidy, Microeconomics

In response, and with $32 million in additional funding from the Government of Canada, the TECHNATION Career Ready Program has increased its wage subsidy coverage from 50 per cent to 75 per cent as a COVID-19 measure.

Key Points: 
  • In response, and with $32 million in additional funding from the Government of Canada, the TECHNATION Career Ready Program has increased its wage subsidy coverage from 50 per cent to 75 per cent as a COVID-19 measure.
  • Employers can now receive up to $7,500 in wage subsidy for each student hired for a 4-month placement.
  • Through the Career Ready Program, students can find meaningful work, and businesses have a low cost, low risk option to scale up.
  • Funded in part by the Government of Canada's Student Work Placement Program (SWPP), TECHNATION provides wage subsidies for businesses of all sizes, across Canada, to hire students in tech immersive roles.

Fraser Institute News Release: Guaranteed Annual Income could cost between $131.9 billion and $464.5 billion a year

Retrieved on: 
Thursday, September 17, 2020
Basic income in Canada, Economy of Canada, Basic income, Economy, Labor relations, Welfare state, Government

Since the federal government introduced CERB there has been renewed interest in the idea of a Guaranteed Annual Income, but many Canadians are unaware of how much such a program could cost, said Jake Fuss, an economist with the Fraser Institute and co-author of GAI: How Much Could A Guaranteed Annual Income Cost?

Key Points: 
  • Since the federal government introduced CERB there has been renewed interest in the idea of a Guaranteed Annual Income, but many Canadians are unaware of how much such a program could cost, said Jake Fuss, an economist with the Fraser Institute and co-author of GAI: How Much Could A Guaranteed Annual Income Cost?
  • Guaranteed Annual Income (GAI) means that the government would ensure a minimum annual income to all individuals through cash transfers.
  • Alternatively, if the federal government based the Guaranteed Annual Income on CERB, providing a monthly benefit of $2,000 to all eligible Canadians, the annual program cost would soar to $464.5 billion, more than doubling all current federal government program spending.
  • If the federal government pursues a guaranteed annual income program, it will have to raise a staggering amount of revenue from taxpayers to pay for it, said Tegan Hill, author of GAI: Illustrating the Tax Implications of a Guaranteed Annual Income.

Dynacor Declares Its Q3-2020 Quarterly Dividend

Retrieved on: 
Wednesday, September 9, 2020
Dividends, Corporate finance, Shareholders, Finance, Financial economics, Basic income, Corporate taxation, Taxation in Australia, Ex-dividend date, Social dividend

This dividend represents the 9th quarterly dividend payment made to shareholders.

Key Points: 
  • This dividend represents the 9th quarterly dividend payment made to shareholders.
  • The Corporations quarterly dividend qualifies as an eligible dividend for Canadian income tax purposes.
  • At present, Dynacor produces and explores in Peru, where its management team has decades of experience and expertise.
  • Dynacor produces environmental and socially responsible gold through its PX IMPACT gold program.

Gyeonggi Province to host "2020 Korea Basic Income Fair" online Sept. 10-11 for global discussions on basic income and local currency

Retrieved on: 
Monday, September 7, 2020
Economy, Articles, Basic income, Income distribution, Market socialism, Gyeonggi Province, Suwon, Currency, Country subdivisions

SUWON, South Korea, Sept. 7, 2020 /PRNewswire/ -- "2020 Korea Basic Income Fair," a two-day global event focusing on basic income and local currency, will take place online from September 10 to 11, 2020.

Key Points: 
  • SUWON, South Korea, Sept. 7, 2020 /PRNewswire/ -- "2020 Korea Basic Income Fair," a two-day global event focusing on basic income and local currency, will take place online from September 10 to 11, 2020.
  • Gyeonggi Province and the organizing committee say the fair will become the world's largest event for international discussion about basic income and local currency, expecting more than 100,000 people to watch it.
  • A launching ceremony for a "local government basic income council" will be followed by a special "talk concert."
  • Concurrently, "Basic Income and Local Currency Virtual Exhibition Hall" will staged in the form of a virtual 3D exhibition hall.

Gyeonggi Province to host "2020 Korea Basic Income Fair" online Sept. 10-11 for global discussions on basic income and local currency

Retrieved on: 
Monday, September 7, 2020
Economy, Articles, Basic income, Income distribution, Market socialism, Gyeonggi Province, Suwon, Currency, Country subdivisions

SUWON, South Korea, Sept. 7, 2020 /PRNewswire/ -- "2020 Korea Basic Income Fair," a two-day global event focusing on basic income and local currency, will take place online from September 10 to 11, 2020.

Key Points: 
  • SUWON, South Korea, Sept. 7, 2020 /PRNewswire/ -- "2020 Korea Basic Income Fair," a two-day global event focusing on basic income and local currency, will take place online from September 10 to 11, 2020.
  • Gyeonggi Province and the organizing committee say the fair will become the world's largest event for international discussion about basic income and local currency, expecting more than 100,000 people to watch it.
  • A launching ceremony for a "local government basic income council" will be followed by a special "talk concert."
  • Concurrently, "Basic Income and Local Currency Virtual Exhibition Hall" will staged in the form of a virtual 3D exhibition hall.

Income Movement & Geist Productions To Premiere ‘INHERENT GOOD’ Film Featuring Andrew Yang & Comedian Trae Crowder

Retrieved on: 
Thursday, September 3, 2020
Entertainment, Consumer, Film & Motion Pictures, Women, Events, Concerts, MEN, Articles, Basic income, Income distribution, Market socialism, Economy, Social justice, Andrew Yang, Ubi, Politics

INHERENT GOOD (Director, Steve Borst), a Geist Productions documentary that introduces the popular grassroots policy of Universal Basic Income (UBI) to Southern and Heartland Americans, announces its Global Premiere and Watch Party on September 15, 2020.

Key Points: 
  • INHERENT GOOD (Director, Steve Borst), a Geist Productions documentary that introduces the popular grassroots policy of Universal Basic Income (UBI) to Southern and Heartland Americans, announces its Global Premiere and Watch Party on September 15, 2020.
  • View the full release here: https://www.businesswire.com/news/home/20200903005784/en/
    Inherent Good featuring Comedian Trae Crowder & Andrew Yang (Graphic: Business Wire)
    2020 marks the start of a global, long-term movement for basic income that spans politics, social justice movements, popular culture and more, announces Stacey Rutland, Founder of Income Movement.
  • We are excited to present the INHERENT GOOD film premiere during Basic Income Week and celebrate how far we have come.
  • The INHERENT GOOD premiere kicks off a 7-week Virtual Cinema & Panel Discussion Series, supported by the award-winning social impact agency, Picture Motion .

State Fund Declares 10-Percent 2020 Mid-Year Dividend

Retrieved on: 
Monday, August 31, 2020
General Health, Professional services, Health, Insurance, Dividend, Shareholders, Insurance, State Compensation Insurance Fund, Life insurance, Basic income, Alaska Permanent Fund, General Health, Professional services, Health, Insurance, Dividend, Shareholders, Insurance, State Compensation Insurance Fund, Life insurance, Basic income, Alaska Permanent Fund

State Compensation Insurance Fund (State Fund) today announced plans to distribute an approximate $75 million dividend to its qualifying policyholders with policies that took effect between January 1 and August 26, 2020.

Key Points: 
  • State Compensation Insurance Fund (State Fund) today announced plans to distribute an approximate $75 million dividend to its qualifying policyholders with policies that took effect between January 1 and August 26, 2020.
  • Through July of this year, State Fund reported approximately $700 million in estimated annual premium and approximately $60 million in realized capital gains.
  • Just last year State Fund declared an approximate $160 million dividend for 2019 policyholders.
  • State Fund policyholders eligible for a 2020 dividend will receive their payments after the expiration date of their individual policies.

Kennedy Wilson Announces Dividend of $0.22 Per Common Share for Third Quarter 2020

Retrieved on: 
Wednesday, August 5, 2020
Professional services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Financial markets, Corporate finance, Dividends, Finance, Shareholders, Share, Basic income, Ex-dividend date, Dividend yield

Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.22 per share to common shareholders of record as of September 30, 2020 with a payment date of October 8, 2020.

Key Points: 
  • Global real estate investment company Kennedy Wilson (NYSE: KW) today announced that the company will pay a dividend of $0.22 per share to common shareholders of record as of September 30, 2020 with a payment date of October 8, 2020.
  • This quarterly dividend equates to an annual dividend of $0.88 per common share.
  • Kennedy Wilson (NYSE:KW) is a leading global real estate investment company.
  • We own, operate, and invest in real estate through our balance sheet and through our investment management platform.

Franklin Resources, Inc. Announces Quarterly Dividend

Retrieved on: 
Tuesday, June 30, 2020
Banking, Professional services, Finance, Shareholders, Dividends, Franklin Templeton Investments, Corporate finance, Stock market, Finance, Financial ratios, Basic income, Dividend yield, Dividend future

Franklin Resources, Inc. (the Company) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.27 per share payable on July 27, 2020 to stockholders of record holding shares of common stock at the close of business on July 15, 2020.

Key Points: 
  • Franklin Resources, Inc. (the Company) [NYSE:BEN] announced a quarterly cash dividend in the amount of $0.27 per share payable on July 27, 2020 to stockholders of record holding shares of common stock at the close of business on July 15, 2020.
  • The quarterly dividend of $0.27 per share is equivalent to the dividend paid for the prior quarter and represents a 4% increase over the quarterly dividend paid for the same quarter last year.
  • Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization operating, together with its subsidiaries, as Franklin Templeton.
  • Franklin Templetons goal is to deliver better outcomes by providing global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries.

Maezawa Method Basic Income Social Experiment Yields Lower Divorce Rates, Increases in Business Startups, and Happier People with 1-million-yen in Early Participant Study

Retrieved on: 
Tuesday, June 30, 2020
Basic income, Income distribution, Market socialism, Social Security, Economy, Survey Methodology, Articles, Measurement

TOKYO, June 30, 2020 /PRNewswire/ -- The Maezawa Otoshidama ("1 Million Giveaway") Management Secretariat today released initial survey results for the research study entitled the "Basic Income Social Experiment Survey."

Key Points: 
  • TOKYO, June 30, 2020 /PRNewswire/ -- The Maezawa Otoshidama ("1 Million Giveaway") Management Secretariat today released initial survey results for the research study entitled the "Basic Income Social Experiment Survey."
  • Initial survey results include:
    In the preliminary survey, only 48% of respondents knew what Basic Income is.
  • After the commencement of the experiment, 91% answered they are aware of what Basic Income is.
  • In April 2020, Maezawa Otoshidama Management Secretariat commenced a social experiment distributing 1-million-yen (Basic Income) to 1,000 individuals who entered the "Maezawa Otoshidama" giveaway in January 2020, through Twitter.