The Economy

During members’ statements on the economy, a Conservative member said Canada is the only G20 country to have fallen into a recession under the current government, that families are struggling with higher grocery bills and mortgage payments while paycheques fall behind, and that the government needs to control its spending to fix the economy. No other members’ statements on the topic were sampled.Written by AI from the debate. Updated .

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1 statement

Michael Guglielmin, Vaughan—Woodbridge

Conservative

Linked statement

“Canada is in a recession under this government. Families are struggling with higher grocery bills and mortgage payments while paycheques fall behind. The government needs to control its spending and fix 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 the Liberal Prime Minister, Canada is the only G20 country to fall into a recession. Now the Liberals want Canadians arguing over labels: technical recession, marginal recession, full recession. Even the Prime Minister himself admitted a technical recession and a recession are the same thing. Families are not sitting around the kitchen table debating definitions. They are looking at higher mortgage payments, grocery bills that keep climbing and paycheques that are not keeping up. Our economy has shrunk in three of the last four quarters. The Parliamentary Budget Officer says there is less than a 1% chance that this government meets its own fiscal anchor. Meanwhile, the Bank of Canada is warning that one in 10 Torontonians may not be able to renew their mortgages next year. Canadians have worked hard, played by the rules and done everything asked of them. They should not be falling further behind because the government cannot control its spending. Canadians need a serious plan to restore growth, protect paycheques and bring hope back to the Canadian economy.

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