CANADIAN CEOs SUPPORT
BASIC INCOME

 
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120 CANADIAN CEOs AND BUSINESS OWNERS REPRESENTING OVER $2.3B IN COMBINED ANNUAL REVENUES ARE IN SUPPORT OF A UNIVERSAL BASIC INCOME IN CANADA.


 

Who We Are

We are a group of Canadian CEOs and business leaders representing diverse industries and views, who share a common concern about the state and future of the economy.

 

Jim Estill, Danby.com, Appliance Manufacturer

Peter Neal, Neal Brothers Foods, ood brand & distributor of natural/organic foods.

Audrey Mascarenhas, Questortech.com, Clean air technology company focused on the clean combustion of waste gases to improve air quality and reduce green-house gas emissions

Kelsey Ramsden, Belvedere Place Developments, Civil Construction Company

Michael Tamblyn, Kobo.com, Canadian success story in e-books, audio-books and e-readers

Melissa Austria, GotStyle, Casual, social, and business wear stores in the GTA

Josie Rudderham, Cakeandloaf.ca, From scratch bakery, using local ingredients for better food

Steve Ballantyne, Stationcoldbrew.com, Premier beverage manufacturer

1. Accelerating technological job displacement due to advances in automation, software, and AI

 

 

2. Globalization of jobs which has gone beyond manufacturing and textiles to entry and mid-level information work


3. The ongoing transition of work to part time, contract, and gig-work

 

 

4. Winner takes all markets where companies such as Amazon are absorbing greater shares of economic activity

 

Our Work

On October 18th, 2018, the CEOs presented their concerns to the government at the Ontario Legislature

 

In the News

Basic Income

CEOs

Grow the economy

Not only could basic income address poverty, precarious employment and job loss due to automation and globalization, it could level the playing field for women. Read >>

Income for bottom 50% is declining

Over the last 20 years, real earnings for the bottom 50 percent of Canadians has actually declined. Share of national income has also declined by almost 30%.

Listen at time index 89:13 >>

A basic income is a periodic cash payment unconditionally delivered to all on an individual basis, without means-test or work requirement.
— Basic Income Earth Network

Background Reading

“In an era of rentier capitalism… [a basic income] would provide an anchor for a fairer income-distribution system”

“In an era of rentier capitalism… [a basic income] would provide an anchor for a fairer income-distribution system”

Why WE should adopt a basic income

UBI improves lives, enhances freedom and is a matter of social justice, writes Guy Standing. Contrary to conventional wisdom, the case for BI does not rest on the assumption that robots and artificial intelligence will cause mass unemployment or that it would be a more efficient way of relieving poverty than present welfare systems (although it would).

“People with basic security tend to be more altruistic and empathetic, solidaristic and engaged in the community”

The Basic Income Podcast: Business and the Economy - August 17, 2018

The Basic Income Podcast: Business and the Economy - August 17, 2018

Business, the Modern Economy, and Basic Income, feat. Floyd Marinescu

How has the economy changed over the last generation, and what do we have to contend with that previous eras did not? Podcast host Jim Pugh and Floyd Marinescu, CEO of C4Media and co-author of the 100 Canadian CEO’s Letter on this site, discuss these issues and more on this episode, which focuses on basic income from the business perspective. The podcast is a walk-thru of many of the points in the CEO's letter to Doug Ford. Get the Podcast:  source, itunes, player.fm

Leanna and Luis Segura, owners of Fresh FueLL, fresh food business bloom in Lindsay, Ont, featured in Huffintgon Post August 2018 "  How Basic Income Could Create A Whole New Class Of Entrepreneurs "

Leanna and Luis Segura, owners of Fresh FueLL, fresh food business bloom in Lindsay, Ont, featured in Huffintgon Post August 2018 "How Basic Income Could Create A Whole New Class Of Entrepreneurs"

How Basic Income Could Create A Whole New Class Of Entrepreneurs

The evidence is mounting that unconditional cash payments could unleash a new wave of business innovation.

“Once the basic income came to Lindsay, we noticed that our customers were spending more money, and we have more people coming in day in and day out ”