The Economy

In question period on the economy, Conservatives pressed the government to acknowledge that Canada is the only G20 country in a recession, citing shrinking growth, falling productivity, rising borrowing, and cost-of-living worries for young people priced out of housing. Liberal ministers replied that Canada faces headwinds from the U.S. trade war but that it expects the second-fastest growth in the G7, pointing to new trade deals, support for Quebec’s aluminum sector, and benefits like the child care and dental programs. One Liberal response challenged the opposition for offering no economic plan of its own, and a Conservative member read a message from a constituent about housing affordability, which a minister answered by citing benefits that member had voted against.Written by AI from the debate. Updated .

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6 statements

Jacob Mantle, York—Durham

Conservative
“I want the Prime Minister to tell us which G20 country is in a recession. Canada is the only one.”
Official Hansard

Mr. Speaker, there is Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, Korea, Russia, Mexico, South Africa, Saudi Arabia, Turkey, the EU, the U.S. and the U.K. As Big Bird would say, “One of these things is not like the others. One of these things just doesn’t belong.” Can the Prime Minister tell us which one of these G20 economies is not like the other? I will give him a hint: Only one is in a recession. Which one is it?

Jacob Mantle, York—Durham

Conservative
“Canada needs a Conservative government because the Liberals are managing the economy poorly. We are in a recession, economic growth is dropping, and the Prime Minister will break his promise to lower the debt.”
  • 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, that is an easy answer: a Canada led by a strong Conservative government. Under the Liberal government, poor economic management leads to more bad news, the only G20 country in a recession. Today, the parliamentary budget watchdog said that the Prime Minister has a 1% chance of keeping his promise of a declining debt-to-GDP ratio. Growth is downcast for 2026 and 2027. Is this a recession or is this all just technical?

Rhonda Kirkland, Oshawa

Conservative
“Canada is the only G20 country in a recession, but the Prime Minister refuses to talk about it. Canadians are worried about their jobs and money. I want the Prime Minister to tell Canadians if our country is in a recession.”
  • Opposition question 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.

    See full analysis
  • 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 in a recession, yet for a week now, the Prime Minister has outright refused to address the seriousness of the situation, ignoring the fact that Canadians are worried about their jobs, their savings and whether they can afford to make ends meet. The Prime Minister has spent more time avoiding the word “recession” than he has explaining the plan to end one. Will the Prime Minister stop dodging the question and tell Canadians if we are in a recession or just a technical recession?

Rhonda Kirkland, Oshawa

Conservative
“Canada is the only G20 country in a recession. I want the government to admit that our economy is in a recession.”
  • A repeated line

    “The first step to fixing a problem is acknowledging that there is one.”

    Said 4 times by 3 members since June 4.

    Every time it was said
Official Hansard

Mr. Speaker, everyone knows that the first step to fixing a problem is admitting that there is one. Liberals think the word “recession” is like the word “Beetlejuice”. If they do not say it, then it does not exist, but ignoring reality does not change reality. The Liberal government has spent months telling Canadians it has the fastest-growing economy in the G7. The reality is that we are the only country in the G20 in a recession. Will the government finally answer if Canada is in a recession, or is it just a technical one?

Gabriel Hardy, Montmorency—Charlevoix

Conservative
“Canada is in a recession, the economy is shrinking, and the government is borrowing too much money. Will the Prime Minister admit that he has failed to manage the economy?”
  • 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 this new Liberal Prime Minister, Canada is the only G20 country in a recession. The economy has shrunk in three out of four quarters. Productivity is falling. Investors are fleeing the country. Government borrowing is $7 billion above target. Today, the Parliamentary Budget Officer said that the Liberal government has only a 1% chance of meeting its budgetary commitments. My question is very simple. Does the Prime Minister acknowledge, yes or no, that his management of the country’s economy is a failure?

Gabriel Hardy, Montmorency—Charlevoix

Conservative
“Life is too expensive and young people cannot afford homes. The government's economic plan is not working. I want to know when they will help regular people instead of bankers.”
  • A repeated line

    “The government's economic plan is not working.”

    Said 3 times by 2 members since June 4.

    Every time it was said
Official Hansard

Mr. Speaker, here is what real people are facing, as described in a message from Matis, a young Quebecker who wrote to me this week: I just wanted to tell you that many of my generation are starting to lose faith in the idea that we will ever become homeowners. Housing prices, rents, and the cost of living are rising so fast that I feel like I am chasing something unattainable. We are not out to get rich. We just want to be able to live with dignity after working hard. We want to build a future without constant financial stress. We are in a full-blown recession. The Liberals’ economic plan is not working. When are they going to give young people a little hope? When will they stop governing for the bankers and start governing for the people?

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