Discussion · Government Orders
Ryan Turnbull Liberal
“The Conservatives are wrong to say our economy is failing. Banks and economic experts say our job market is strong and we are not in a recession.”
“Madam Speaker, we have heard from the banks, the C.D. Howe Institute and Desjardins. The Conservatives seem to love to talk down the Canadian economy and Canadian workers, and to jump prematurely into a narrative that they then, by the end of the week, find out is untrue. However, the Bank of Montreal has said that the solid May jobs report “should silence the recession crowd”. RBC has said there are still signs that labour markets are broadly improving. The C.D. Howe Institute says the latest job figures show that it is too soon to use that label based solely on a pair of small quarterly contractions in the economy. Desjardins says, “according to our analysis, the Canadian economy”—”
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Madam Speaker, we have heard from the banks, the C.D. Howe Institute and Desjardins. The Conservatives seem to love to talk down the Canadian economy and Canadian workers, and to jump prematurely into a narrative that they then, by the end of the week, find out is untrue. However, the Bank of Montreal has said that the solid May jobs report “should silence the recession crowd”. RBC has said there are still signs that labour markets are broadly improving. The C.D. Howe Institute says the latest job figures show that it is too soon to use that label based solely on a pair of small quarterly contractions in the economy. Desjardins says, “according to our analysis, the Canadian economy”—