The Economy
Oral questions focused on the state of the Canadian economy following the release of new jobs data. Conservative members said Canada is the only G7 and G20 country in a recession, noting a net loss of about 24,500 jobs since the start of the year, high youth unemployment compared with pre-pandemic levels, affordability pressures on mortgages and housing, and bank forecasts of slower growth; they asked ministers to acknowledge the recession and asked that a Statistics Canada report on the matter be tabled. Liberal ministers pointed to the addition of 88,000 jobs in May, largely full-time and private-sector work, 99,000 new youth jobs, a drop in the unemployment rate including a decline in youth unemployment, and job growth outpacing the United States since December 2024, despite U.S. tariffs, and cited investments such as the Quebec City tramway as sources of future employment.Written by AI from the debate. Updated .
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