The Government Bought and Sold a Plane

Introduction

The government of Ontario bought a private plane. Then they sold it very quickly.

Main Body

The government bought the plane in March for 23 million US dollars. They wanted to use the plane for business trips to the United States. Many people were angry about the plane. The government decided to sell the plane back to the company. They got 21 million US dollars back. But the government still lost money. They paid about 191,000 Canadian dollars for lawyers and plane care. Some leaders want to check the money, but the office is too busy until 2027.

Conclusion

The government gave the plane back on April 27. They lost about 191,000 Canadian dollars.

Learning

🕒 Time & Money: The 'Past' Pattern

In this story, everything happened in the past. To talk about the past in English, we often add -ed to the end of the word.

The 'Change' List:

  • Buy \rightarrow bought
  • Sell \rightarrow sold
  • Want \rightarrow wanted
  • Decide \rightarrow decided
  • Pay \rightarrow paid

💸 Useful Money Words

When we talk about business, we use these simple words:

WordWhat it meansExample from text
BoughtTo get something by payingBought a private plane
SoldTo give something for moneySold it very quickly
LostMoney that is goneLost money

💡 Quick Tip: 'Back'

Notice how the word back is used here:

  • Sell the plane back \rightarrow return the item to the original owner.
  • Got money back \rightarrow receive money again.

Vocabulary Learning

government
The group of people who run a country or region.
Example:The government will decide how to use the new building.
plane
A vehicle that flies in the air.
Example:She took a plane to visit her family in another city.
bought
Past tense of buy; to purchase something.
Example:He bought a new phone last week.
sold
Past tense of sell; to give something to someone in exchange for money.
Example:They sold their old car for a good price.
private
Owned by an individual or a company, not public.
Example:She lives in a private house on a quiet street.
business
Work related to buying and selling goods or services.
Example:He started a small business selling handmade crafts.
trip
A journey or excursion to a place.
Example:They planned a trip to the mountains for the weekend.
angry
Feeling or showing strong annoyance or displeasure.
Example:She was angry when she found out the news.
company
An organization that sells goods or services.
Example:The company hired new employees for the summer.
money
Coins and bills used to buy goods or services.
Example:He saved money for his future education.
lawyers
People who give legal advice and represent clients in court.
Example:The company hired several lawyers to handle the contract.
office
A room or building where people work, especially for a business or government.
Example:She works in an office near the city center.