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Costly Gifts and Sugar Rush Policies: Unwrapping Canada’s GST Holiday - Episode 22
Manage episode 453505683 series 3546148
A tartalmat a Kim G C Moody Professional Corporation biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Kim G C Moody Professional Corporation vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
In this episode of “In The Mood With Kim G C Moody Podcast”, Kim discusses the so-called recent Christmas present handed out by the Canadian federal government: the GST / HST holiday on certain “affordability” items and the $250 cash handout scheduled to be distributed to certain Canadians in the spring of 2025. Is it really a gift? Or will it come with significant costs? Short answer….it’s a costly gift that will have no lingering benefits. It’s frankly providing a sugar rush. Instead, Canada should be planting acorns for long-term economic benefits. Such “planting of acorns” should include the introduction of productivity measures and significant reductions in government spending that can have long-term benefits. Kim ends the podcast by emphasizing the need for Canadians to improve their financial literacy so as to make more informed choices in the future. Happy listening!
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