The Economy

During question period on the economy, Conservative MP Pierre Paul-Hus said Quebec businesses are holding back on investing and expanding because of uncertainty around U.S. tariffs and trade issues, and asked what the government is doing about the economic pressure. Liberal ministers Mélanie Joly and Joël Lightbound replied that the government is supporting businesses affected by the American tariffs, including $1.5 billion for the steel and aluminum sectors and help for the forestry industry, and said it is helping companies innovate and find new markets, pointing to projects like the Quebec City tramway. Lightbound also said he did not understand the Conservatives’ opposition to this support.Written by AI from the debate. Updated .

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2 statements

Pierre Paul-Hus, Charlesbourg—Haute-Saint-Charles

Conservative
“Quebec businesses are hurting and holding back on investments because of U.S. tariffs and trade issues. Does the Prime Minister realize Quebeckers are paying the price for his failure to fix our economy?”
  • A repeated line

    “Canada is now the only G7 country in recession.”

    Said 3 times by 3 members since June 1.

    Every time it was said
Official Hansard

Mr. Speaker, last week we met with businesses across Quebec. The picture is the same everywhere: The uncertainties surrounding CUSMA and the U.S. tariffs under section 232 are increasing the financial pressure on our manufacturers and hampering investment. Business owners tell us they are putting expansion plans on hold, delaying equipment purchases and hesitating to invest in their growth. That is the reality on the ground, while Canada is the only G7 country in recession. Does the Prime Minister understand that Quebeckers are the ones now paying the price for his inability to restore confidence in our economy?

Pierre Paul-Hus, Charlesbourg—Haute-Saint-Charles

Conservative
“Businesses are not investing or expanding because of the government's economic policies. I want the Prime Minister to explain why he is proud of creating this uncertainty during a recession.”
Official Hansard

Mr. Speaker, what the government has to understand is that businesses have told us that they are waiting. They are waiting to invest, they are waiting to expand their facilities and they are waiting to take risks. Is that the government’s idea of good economic conditions: a climate of uncertainty that is paralyzing private investment at a time when Canada is in a recession? Is the Prime Minister proud of having created an economic climate where business owners are choosing to wait or to invest outside Canada?

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