The Economy

During question period on the economy, the Conservative leader asked repeatedly whether Canada is in a recession, citing two consecutive quarters of shrinking GDP, 112,000 jobs lost in three months, and food insecurity. The Prime Minister responded that the government is building a stronger, more resilient and independent economy, citing rising business investment, growing exports outside the United States, wage growth, and forecasts that Canada will have one of the strongest economies in the G7. Some of the exchange touched on the Prime Minister’s travel spending and the Conservatives’ claim he did not answer directly, and the Prime Minister also wished the opposition leader a happy birthday.Written by AI from the debate. Updated .

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5 statements

Mark Carney, Prime Minister

Liberal
“The government is building a stronger, more independent economy despite global challenges. Business investment is growing, and Canadian wages are rising twice as fast as American wages.”
  • Government answer in Question Period

    Relevance 45 of 100

    None of this answer addressed the specific question that was asked.

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  • Government answer in Question Period

    Signal 34 of 100

    Much of this statement went to praise, blame, greetings, routine procedure or general stories rather than reasons, requests or specific points.

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Official Hansard

Mr. Speaker, first, may I wish the Leader of the Opposition a very happy birthday? Second, I will even give him his question back. It is my little gift to him. What the government is doing is putting in place the foundations of an economy that will be stronger, more resilient and more independent. In the face of U.S. tariffs, in the face of global uncertainty and in the face of higher energy prices, we are seeing business investment accelerating. We are seeing wages growing at twice the rate of those in the United States. We are seeing this country put in place the conditions for sustained prosperity.

Mark Carney, Prime Minister

Liberal
“Experts predict Canada will have the second-strongest economy in the G7 this year and next year.”
  • Government answer in Question Period

    Relevance 48 of 100

    None of this answer addressed the specific question that was asked.

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Official Hansard

Mr. Speaker, it is very painful, on someone’s birthday, when you give them a present and they give it back to you. I will do a little research for the Leader of the Opposition. If he would like to ask the C.D. Howe Institute, it knows the answer to that question. He could ask the OECD, which today predicts that Canada will have the second-strongest economy in the G7 this year and next. That is the answer.

Mark Carney, Prime Minister

Liberal
“I want to correct the record. During the campaign, I promised to protect Canadians from the opposition leader's bad policies. I also promised to make our economy stronger and more independent. We are doing that now.”
  • Government answer in Question Period

    Relevance 47 of 100

    None of this answer addressed the specific question that was asked.

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  • Government answer in Question Period

    Clarity 18 of 100

    Much of this statement used imprecise wording, lacked details on timing or responsibility, or made broad claims without support.

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Official Hansard

Mr. Speaker, once again the official record of Parliament needs to be corrected. I made a number of promises during the election campaign. The first was to save Canadians from the horrible policies of the Leader of the Opposition. The second was to introduce policies that would create a more resilient, more prosperous, stronger, more sustainable and more independent economy. This is what we are doing.

Mark Carney, Prime Minister

Liberal
“Global investors tell me Canada is the best place to invest in infrastructure. They want to invest over $100 billion here. Foreign investment in Canada is growing twice as fast as in any other G7 country.”
  • Government answer in Question Period

    Relevance 0 of 100

    None of this answer addressed the specific question that was asked.

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Official Hansard

Mr. Speaker, what I will tell the House is what I hear from international investors and businesses when we travel. What I heard in New York is that Canada is the most attractive destination for foreign infrastructure investment. What I hear from major global investors, who want to invest more than $100 billion in this country, is what we are already seeing, which is foreign investment that is running in this country at twice the rate of any other G7 economy. That is—

Mark Carney, Prime Minister

Liberal
“Our plan is making Canada's economy stronger and more independent. Business investment in equipment is up by 10 percent, and our exports to countries other than the United States are growing fast.”
  • Government answer in Question Period

    Relevance 46 of 100

    None of this answer addressed the specific question that was asked.

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  • Government answer in Question Period

    Clarity 44 of 100

    Much of this statement used imprecise wording, lacked details on timing or responsibility, or made broad claims without support.

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Official Hansard

Mr. Speaker, we are in an economy that is fundamentally being transformed by a government that has a plan to create a stronger, more independent and more resilient economy, a sustainable economy, an economy that moves from reliance to resilience. We are already seeing business investment, Canadian business investment, up 10% in machinery equipment. We are seeing our non-U.S. exports up, and they are on course to double. We are seeing the strongest inbound investment in— Some hon. members: Oh, oh!

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