Gillian Petit, a senior research associate at the University of Calgary's economics department, said that while the policy will help people save money at the checkout, it might actually go further for those with higher household incomes.
"They have more income, so they consume more," she said. "Persons with lower incomes are also going to save on the GST, but they're not going to save as much in dollar values. They have less income, so they consume less."
With the $250 rebate reserved for people who were employed in 2023, those who might need it most are excluded, Petit said. "If we really wanted to address affordability, we would target persons who are struggling with affordability [or] persons who are spending a large amount of their incomes on basic necessities."
that's right. this is economically stupid and it's also small-minded and petty. stupid, small-minded and petty is doug ford and doug ford's base, but liberal voters are going to be....confused....by this policy.
the fact that this benefits high income earners, however, is exactly why the ndp is supporting it.
let's see if the ndp tries to expand the gst credit to people on disability, oas and welfare or if they go along with this fascist message of producerism being pushed by the capitalist parties.