Indeed, consumers would receive cheques but did not know when they would have to begin paying interest. This is also an incentive to use credit. But as we know, Canadian consumers carry heavy debt loads. So should we encourage them to go deeper into debt by sending preauthorized cheques to their home? I do not think so. If we want to help Canadians to have more money, it is better to encourage them to work and to help them when they lose their jobs. It is a good idea to offer them assistance, but not credit. That goes without saying.
On March 13th, 2012. See this statement in context.