Prime Minister Mark Carney defended his government’s economic track record in the House of Commons as Conservative Leader Pierre Poilievre pressed for an answer on whether Canada is in a real or “technical” recession.
In his response, Carney argued his government is laying the groundwork for an economy that will be “stronger, more resilient, more independent.” He pointed to rising business investment and wage growth despite U.S. tariffs and ongoing global economic uncertainty.
The exchange came during question period on June 3, where Poilievre asked Carney whether Canada is in a recession or a “technical” recession.
“We’ve had two consecutive declining quarters of GDP growth. We are the only country in the G7 that can say that. The only country in the G7 that has seen the economy shrink in three of the last four quarters. The only country whose GDP is smaller than it was a year ago, when the prime minister took office,” Poilievre said….