We Can't Afford a GST Holiday

Mike and Cara discuss the recent stimulus plans introduced by the Canadian and Ontario governments, which include rebate checks and a GST holiday. They explore the economic context behind these initiatives, the disconnect between economic indicators and the lived experiences of Canadians, particularly young people, and critique the effectiveness of these policies. 

The conversation highlights the need for sustainable solutions to address the underlying issues of inflation, housing, and the  intergenerational wealth transfer from the young to the old. Also, Cara gets really mad about the term “vibecession.”

Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux

Produced by Meredith Martin

This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.