The Economy

Question period focused on the state of the Canadian economy, with Conservative members repeatedly asking whether the Prime Minister would acknowledge that Canada is in a recession, pointing to two straight quarters of economic shrinkage, weak productivity, rising borrowing, and forecasts from the Parliamentary Budget Officer and banks. Liberal ministers replied that the economy faces headwinds from U.S. tariffs but pointed to job growth, wages rising faster than inflation, falling rents, and government investments in housing, harbours, community infrastructure, trades training, and supports for affordability, and invited the opposition to support those measures. No new motions were introduced; the exchange stayed on these competing descriptions of the economy.Written by AI from the debate. Updated .

Official text (opens in a new tab)

7 statements

Carol Anstey, Long Range Mountains

Conservative
“Canada is in a recession and our economy is shrinking. I want the Prime Minister to admit his policies caused 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

Mr. Speaker, under the costly Liberal Prime Minister, Canada is the only G20 country in a recession. In the past few days, we have learned so much more about the dire state of our economy under his watch. While the cost of living skyrockets, our economy has shrunk for two quarters straight. Businesses are fleeing. Capital investment has plunged for five consecutive quarters, and Scotiabank warns that our growth is less than half that of the U.S. Will the Prime Minister finally admit that his policies caused the Liberal recession, or is he so out of touch that he thinks Canadians are just imagining their economic despair?

Carol Anstey, Long Range Mountains

Conservative
“The government is spending too much money and failing to meet its deficit targets. The economy is getting worse. I want the Prime Minister to tell us if Canada is in a recession.”
Official Hansard

Mr. Speaker, clearly Liberal photo ops and empty Liberal announcements will not pay the mortgages of struggling Canadians. The Parliamentary Budget Officer just confirmed that there is less than a 1% chance that the Liberal government hits its own deficit targets. It is already borrowing $7 billion more than it admitted, while driving up bloated bureaucracy to $86 billion. The broad economic picture is getting worse, not better. Will the Liberal Prime Minister tell us, are we in a recession, or are Canadians just technically doing worse after a decade of Liberals being in power?

Kelly DeRidder, Kitchener Centre

Conservative
“Canada is the only G20 country in a recession, and the government has not explained why it caused this. People cannot afford food, and the government just makes excuses.”
  • 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 Prime Minister, Canada is the only G20 country in a recession. There has been no answer as to why the government has failed us and brought us into a recession. First, it was a technical recession, but when Canadians pushed back, it became tariffs. When that did not stick, it became not enough spending and not enough immigration: What? When Canadians have to steal 10 billion dollars’ worth of groceries because of affordability, is it because they are only technically hungry?

Kelly DeRidder, Kitchener Centre

Conservative
“Canada is in a recession, and the government is borrowing more money than it planned. I want the Prime Minister to tell Canadians how much money it will take to fix this.”
Official Hansard

Mr. Speaker, I have hope that one day the government will actually answer questions and take accountability, but it seems as though today is not that day. When the news broke that Canada is in a recession, my very first thought was, “When is the government going to ask for another blank cheque?” It is already borrowing over its budget. The spring economic update said it would borrow $65 billion this year. However, the budget watchdog says it is going to be $72 billion. I would like to know just how much the Prime Minister will tell Canadians it is going to take to fix it.

Sukhman Gill, Abbotsford—South Langley

Conservative
“Canada's economy is shrinking, and it is the only G20 country in a recession. I want the Prime Minister to tell us if we are in a recession.”
  • 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. The economy has shrunk in two consecutive quarters. Per capita GDP is only up 1.5% over seven years, and labour productivity has declined for four years straight. Even the Parliamentary Budget Officer said there is a less than 1% chance that the government will meet its fiscal anchor. Will the Prime Minister tell us if we are in a recession, or are Canadians only technically doing worse after a decade of Liberal rule?

Sukhman Gill, Abbotsford—South Langley

Conservative
“The Liberals caused our economic problems, and our growth is falling behind the United States. They are also borrowing billions more than they planned. Will the Prime Minister admit that Canada is in a recession?”
Official Hansard

Mr. Speaker, the fact is that the Liberals caused these economic headwinds. The fact is that the Liberal Prime Minister is the only prime minister who is running this country, which is in a recession. Canadian banks are now warning of economic decline, with Scotiabank forecasting just 0.8% growth for Canada compared to 1.9% in the United States, while BMO projects even weaker growth, 0.5%, in 2026. It is not only that, but the Liberals are already borrowing billions of dollars over their projected costly budget. Will the Prime Minister finally admit that Canada is technically in a real recession?

Harb Gill, Windsor West

Conservative
“Canada is in a recession. Families are cutting back, businesses are not investing, and productivity is falling. Will the Prime Minister admit the economy is in a recession?”
  • 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, and the Prime Minister has zero respect for the sacrifices Canadians are making every day. We know families are cutting back. Businesses are delaying investment. Productivity is falling. A former central banker is driving the economy, and the Parliamentary Budget Officer, appointed by him, is saying there is a 99% chance he is going to drive the economy into a ditch. Will the Prime Minister admit Canada is in a recession, or does he believe Canadians are better off after 10 years of Liberal rule?

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