The Economy

During Statements by Members, the topic of the economy was raised by Ted Falk of the Conservatives, who said Canada has fallen into a recession under the Prime Minister, citing debt, housing costs and unemployment, and said the Liberal government should change its economic policies. No other members’ statements on the topic were included in the record sampled.Written by AI from the debate. Updated .

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1 statement

Ted Falk, Provencher

Conservative

Linked statement

“Canada's economy is shrinking under the Prime Minister, and we have high debt, high housing costs, and high unemployment. The Liberals need to admit their economic policies failed and change them.”
  • 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, under the Liberal Prime Minister, Canada is the only G20 country to fall into a recession. Just like he manufactured a Liberal majority government, he has now manufactured a full-blown Liberal recession. Instead of building the second-fastest growing economy he promised, he has actually shrunk it. All of this is from the same Prime Minister who described himself as the best person equipped to manage an economic crisis. In any other industry, that alone would call for a performance review. The Parliamentary Budget Officer just reported that there is only a 1% chance the government will meet and maintain its fiscal anchor of shrinking the deficit. Canada now has the highest household debt, the worst housing costs and the second-highest unemployment rate in the G7. Excuses simply do not cut it for children with empty stomachs, moms with empty grocery carts and parents with hollow bank accounts. The Liberals need to admit their policies have failed, reverse course and position Canada for the win. It is time to get Canada back on track.

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