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The Economy

During question period, members debated the state of the Canadian economy. Conservative members said Canada is the only G7 country in a recession, citing three quarters of economic decline out of the last four, job losses, small business closures, high household debt, rising mortgage defaults, and investment leaving the country, and asked the government to admit its policies are responsible. Liberal ministers and members said Canada is in a trade war and facing global economic headwinds, and pointed to the government’s plan to diversify trade, build major projects in energy, mining, transit and housing, spend on defence and small craft harbours, and train young people for skilled trades. Liberals also criticized the Conservative leader’s approach, which Conservatives in turn rejected. Much of the exchange consisted of members repeating these positions in response to one another.Written by AI from the debate. Updated .

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