Roland X, I would never be presumptuous to speak for the Governor of the Bank of Canada , however I believe what he was saying was that the money allowed people to enter the work force as it helped with child care. This was what he was referring to as a one time bump, as obviously they only enter the work force once. The increase of inflation when it comes is insignificant and just allows them to keep pace, it doesn't create jobs or productivity. I don't know whether you are working or not, but any increase in wages tied to inflation never amounted to a significant amount of money to change your lifestyle since everything else had gone up. As for the families that just took the money and spent it on groceries, rent or other tangible items, the economy will not see a significant boost if that was all that happened. A good number might have also put it away for future education.