‘Moe Bucks’ and Christmas shopping bring relief for local businesses
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The affordability cheques from the provincial government, colloquially known as Moe Bucks, have been steadily arriving since the middle of last month, and local businesses are noticing a greater willingness from customers to spend money since then.
The cheques, made out for $500 to Saskatchewan residents, have helped fuel consumer spending at a time where spending is naturally high anyway thanks to the Christmas season.
“Originally, when this (affordability cheques) was announced, we said it was going to be great timing,” Prince Albert Chamber of Commerce CEO Patty Hughes said, “because it was going to come out just before Christmas, when we always have a lot of families having that stretch, stretching that dollar. There’s always something coming and Christmas is just that extra time of financial stress, so this is a really good time for it to be coming out.”
Cheques started arriving in mailboxes in mid-November, meaning in some cases it’s been almost a month since people received them. In that time, the chamber is already seeing some of the effects of people having more money.
