Discussion · Oral Questions
Sandra Cobena Conservative
“Canada's economy is in bad shape and is shrinking. I want the government to admit that we are in a recession.”
“Mr. Speaker, Canada is the only G20 country in a recession, and the state of the economy is dire. The economy has shrunk three out of the last four quarters, per capita GDP shows annualized growth of only 0.2% per year over the last seven years, capital investment has declined for five quarters in a row and bankruptcies have hit rates not seen since 2009. At what point do the Liberals stop calling these technicalities and start admitting that Canadians were promised growth and fiscal responsibility but got a recession instead?”
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A repeated line
“Canada is the only G20 country in a recession.”
Said 104 times by 61 members since May 29.
Every time it was said
Official Hansard
Mr. Speaker, Canada is the only G20 country in a recession, and the state of the economy is dire. The economy has shrunk three out of the last four quarters, per capita GDP shows annualized growth of only 0.2% per year over the last seven years, capital investment has declined for five quarters in a row and bankruptcies have hit rates not seen since 2009. At what point do the Liberals stop calling these technicalities and start admitting that Canadians were promised growth and fiscal responsibility but got a recession instead?