Q. What is Ontario’s Economic Stimulus payment?
A. It is money that the provincial government will send to taxpayers.
Q. Where will the government get this money?
A. From taxpayers.
Q. So the government is giving me back my own money?
A. Only a smidgen.
Q. What is the purpose of this payment?
A. The plan is for you to use the money to purchase consumer goods, for example a high-definition TV set, thus stimulating the Ontario economy.
Q. But isn’t that stimulating economies in Asia?
A. Shut up or you don’t get your cheque.
Received from a friend of Socon or Bust…
Sometime this year, Ontario taxpayers will receive an Economic Stimulus payment i.e HST rebate. This is a very exciting program from the Ontario government. I’ll explain it using the Q&A format: