“The economy is shrinking. Canada is the only G20 country in a recession. The government promised to manage the economy. They are spending too much. The government borrowed $72 billion this year but budgeted only $65 billion. The deficit is growing. The Prime Minister promised he was the man for this moment of crisis. The government is failing to deliver on its promises.”
What they said. What they meant.
Plain-language translations from the House of Commons.
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Finance
A discussion of Canada's economic recession under the current government. During the debate, the Conservatives pointed out Canada's unique recession status among G20 countries and criticized the government's fiscal plans.