The Economy

During Statements by Members, the topic of the economy was raised. Jeff Kibble, a Conservative member, said Canada has entered a recession and is the only G7 country in one, and pointed to federal debt of over $1.4 trillion. He attributed the situation to the government’s tax increases, spending, and laws he described as against development. This was a single member’s statement; no other members’ views on the topic are recorded in this sample.Written by AI from the debate. Updated .

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1 statement

Jeff Kibble, Cowichan—Malahat—Langford

Conservative
“Canada is now in a recession, and it is the only G7 country in one. Canada's debt is over $1.4 trillion. I blame the Prime Minister and his government's taxes, spending, and laws against development for this.”
  • 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, this morning Canadians learned what many families on Vancouver Island already feel. Canada is now the only G7 country in a recession. The Liberal government’s tax hikes, antidevelopment laws and reckless spending have doubled Trudeau’s deficit, with Canada now owing over $1.4 trillion. There has been negative economic growth in the last quarter in 2025 and again in the first quarter of 2026. The Prime Minister claims that Canada has the best economy in the G7. Reality tells a different story. Every other G7 nation is facing the same tariffs and global headwinds, yet not one of them is in a recession. Only Canada is in a recession. Workers, families and small business owners on Vancouver Island are paying the price for Liberal economic failure and mismanagement. They deserve a government that grows our economy, removes barriers to development and stops loading future generations with debt. This recession was a choice and Canadians did not make it. The Liberal Prime Minister did.

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