Discussion · Oral Questions

Pierre Poilievre Conservative

“Canada is the only country in North America in a recession. We have lost jobs, investment has dropped, and mortgage defaults are at a 17-year high. Why are we the only country in a recession?”
  • A repeated line

    “We have the second-highest unemployment in the G7.”

    Said 7 times by 4 members since June 1.

    Every time it was said
Official Hansard

Mr. Speaker, Mexico shares a border with the United States and is as integrated with the U.S. as we are and Mexico is not in a recession. In all of North America, only Canada is in a recession. Not only that, but since this Liberal Prime Minister took office, he has lost 46,000 jobs, 112,000 in the last three months alone. We have the second-highest unemployment rate in the G7, a third higher than the rate in the U.S. The economy has contracted three of the last four quarters. Over $20 billion of net investment has fled the country. There have been five consecutive quarters of investment dropping. Mortgage delinquencies are up a third at a 17‑year high. Why are we the only country in a recession?

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