The Economy

Question period focused on the economy, following reports that Canada entered a recession and that the government is unlikely to meet its own deficit targets. Conservative members said Canada is the only G20 country in a recession, pointed to lower employment, weak business investment and borrowing above what was planned, cited the parliamentary budget officer’s findings on the deficit projection, and asked whether the government would acknowledge these figures, including raising the dumping of Chinese aluminum. Liberal members replied that the economy is adding jobs — citing 88,000 or more in recent figures — that unemployment is down, wages are outpacing inflation and foreign investment is up, and pointed to affordability payments being sent to households, trade diversification, and talks with the U.S. on sectors like steel, aluminum and autos. Several exchanges also turned on each side accusing the other of talking down the economy or voting against affordability measures.Written by AI from the debate. Updated .

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7 statements

Jacob Mantle, York—Durham

Conservative
“Canada is the only G20 country in a recession, and our growth will be worse than expected for the next few years. Why is Canada the only country in a recession?”
  • Opposition question in Question Period

    Signal 41 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

Madam Speaker, let us imagine I was pulled over by police on the way here this morning, and I said to the officer, “Officer, I know I was technically speeding but it was just a couple kilometres over the speed limit.” I do not think that would work, because a recession is a recession is a recession, and Canada is the only G20 country in a recession. Under the hood of that recession is even more bad news. The parliamentary budget watchdog said that Canada’s growth has been downgraded for both 2026 and 2027. The best case is now effective stagnation. Why is Canada the only country in a recession?

Jacob Mantle, York—Durham

Conservative
“Fewer Canadians and young people have jobs now than at the start of the year. Business investment and productivity are down. I want to know why the government is cheering this bad news.”
Official Hansard

Madam Speaker, I have only been here a year, but I have never heard so much bad news be cheered by the government. Fewer Canadians are working today than at the beginning of the year. Fewer youth are working today than at the beginning of the year. Business investment continues to lag. In fact, it is below the replacement rate. That means we have lower labour productivity. As Krugman said, “Productivity isn’t everything, but, in the long run, it is almost everything.” It seems like the government does not care about that. In fact, it will cheer this bad news. Why is that?

Jasraj Hallan, Calgary East

Conservative
“The budget watchdog found the government left 7 billion dollars out of its deficit forecast. That will cost each Canadian 150 dollars. Meanwhile, the Prime Minister spent 200,000 dollars on food and wine for three flights while more people use food banks. Did he mislead Canadians, or is the country in a recession?”
Official Hansard

Madam Speaker, the only leader in the entire G20 to plunge their economy into a recession was exposed by the PBO for leaving $7 billion out of the deficit projections. That is an extra $150 out of each Canadian’s pocket. However, it does not matter to the guy who has sent a record number of Canadians into food banks, while he stuffs his face with $200,000 of crème brûlée and fine wines on just three taxpayer-funded flights. Was the Prime Minister technically misleading Canadians or are we in a full-blown Liberal recession?

Jasraj Hallan, Calgary East

Conservative
“The government's plan to help people during this recession is not enough, and it will miss its own deficit targets. I want the Prime Minister to tell us how bad this recession really is.”
  • Opposition question in Question Period

    Respect 60 of 100

    This statement targeted a person rather than their actions or views: “stop stuffing his face with taxpayer-funded crème brûlée”.

    See full analysis
Official Hansard

Madam Speaker, his answer on plunging the economy into a recession is to give Canadians $18 a week. The PBO also exposed the government for having a less than 1% chance of meeting its own deficit-to-GDP ratio fiscal target. That is a better chance than a Liberal actually answering a question in this place. Will the Prime Minister stop stuffing his face with taxpayer-funded crème brûlée and tell us if we are in a technical recession or a full-blown Liberal one?

Pat Kelly, Calgary Crowfoot

Conservative
“Canada is the only G20 country in a recession, and the government is already failing its own spending rules. Will the government admit this?”
  • 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

Madam Speaker, last Friday, we learned that under the Liberal Prime Minister, Canada is the only G20 country in a recession. Yesterday, we learned that there is only a 1% chance that their latest fiscal anchor will hold. The Liberals have, so far, refused to acknowledge their own government’s reports. Will they admit today that they caused the only recession in the G20 and that they are already breaking their latest fiscal anchor, or are they going to say that it is all just a technicality?

Pat Kelly, Calgary Crowfoot

Conservative
“The government is borrowing $72 billion this year, which is more than it planned. It also led our economy into a recession, and future deficits will be much worse. Will the finance minister admit he has lost all credibility on the economy?”
Official Hansard

Madam Speaker, of course we believe in Canada. We believe in Canadians. We do not believe in the Liberal government, because it is the only government in the G20 to lead its economy into a recession. This week, we also learned that the government is borrowing $72 billion this year, not $65 billion as stated in the budget. The Montreal Economic Institute said that the deficit is on track to exceed $117 billion by 2035, and that is even without new spending. Will the finance minister admit that this week’s reports have destroyed whatever fiscal credibility he thinks that he might still have?

Kathy Borrelli, Windsor—Tecumseh—Lakeshore

Conservative
“Canada is in a recession. The government should protect Canadian jobs by stopping cheap, illegally dumped Chinese aluminum.”
  • 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

Madam Speaker, under the Liberal Prime Minister, Canada is the only G20 country to fall into a recession. Just by stopping the illegal dumping of cheap subsidized Chinese aluminum, the government could help aluminum extrusion companies be profitable, provide jobs for hard-working Canadians and put food on their tables. Will the Liberal Prime Minister tell aluminum workers that Canada is in a recession or just a technical recession?

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