Discussion · Oral Questions
Gérard Deltell Conservative
“Canada is in a recession, and the banks say our economy will grow slower than other major countries over the next year. I want a minister to admit that our country is in a recession.”
“Madam Speaker, of course I respect Statistics Canada. In fact, I asked that Statistics Canada’s report confirming that Canada is in a recession be tabled, but the members opposite said no. That is a real shame. The reality is also that the banks have bad news. The Bank of Montreal predicted yesterday that over the next year, Canada will experience the worst economic growth in the G7, yet the government still refuses to talk about a recession. Is there a minister who has the courage, honour and dignity to acknowledge that Canada is, in fact, the only country in the G7 and G20 that is in a recession?”
Official Hansard
Madam Speaker, of course I respect Statistics Canada. In fact, I asked that Statistics Canada’s report confirming that Canada is in a recession be tabled, but the members opposite said no. That is a real shame. The reality is also that the banks have bad news. The Bank of Montreal predicted yesterday that over the next year, Canada will experience the worst economic growth in the G7, yet the government still refuses to talk about a recession. Is there a minister who has the courage, honour and dignity to acknowledge that Canada is, in fact, the only country in the G7 and G20 that is in a recession?