As the Canadian province of Ontario prepares for a three-year trial of guaranteed minimum income (GMI), the Centre for Labour Management Relations (CLMR) at Ryerson University in Toronto is holding a conference to explore the economic motivations and labor market consequences of such a policy. The conference, The New Economy and a Basic Income Guarantee [1], is a private, registration-only event. According to CLMR’s website, the event will bring together over “250 representatives from academia, community, government, industry, law, unions and workers.”

Conference participants will investigate topics including the following: changes in the nature of work and employment that are generating pressure for new forms of the social assistance; theoretical and empirical work on GMI, with a focus on “intended and unintended labour market impacts”; the relationship between a GMI and labor and tax policies in the province; economic, political, and social factors that motivate Ontarians towards “administering, designing, organizing, planning, and receiving” a GMI.

The all-day event will take place on Monday, May 29.

Part of Ryerson University’s School of Management, CLMR promotes relations between labor and management that lead to (in the word of its mission statement) “greater productivity and profitability for businesses, improved job and income security for workers, and decreased inequality and injustice for all of society”. The center funds research projects in various disciplines and provides education and training to both students and professionals.

Photo (at Ryerson University) CC BY-NC-ND 2.0 wyliepoon

Text reviewed by Dave Clegg

[1] To minimize confusion, I use the term ‘guaranteed minimum income’ rather than ‘basic income guarantee’ (cf. my editorial “Basic Income’s Terminological Quagmire”). A basic income guarantee is often defined in American and Canadian contexts as an unconditional guarantee to all members of a community of an income sufficient to meet basic needs. This definition is narrower than BIEN’s definition ‘basic income’ in one dimension–it requires a minimum amount of the income guarantee–while broader in another, in that is not does require that payments be universal and of uniform amount (that is, it encompasses programs in which the amount of the benefit is reduced with earned income, as in Ontario’s forthcoming pilot program).

About Kate McFarland

Kate McFarland has written 512 articles.

Former lead writer and editor of Basic Income News.