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The Economy

Question period exchanges on the economy. The Conservative leader said jobs and investment have been lost and asked what the government will do about it. The finance minister pointed to the 2025 budget, record investment, and OECD growth projections, and said payments to help with living costs would reach 12 million Canadians in June. The Conservative leader called the government’s growth figures inaccurate and said the deficit has doubled; the minister responded by citing the same growth forecasts and affordability measures.Written by AI from the debate. Updated .

Official text

4 statements

Pierre Poilievre

Conservative
“The Prime Minister needs to admit his policies caused this recession. Jobs, investments, and homes are being lost, and I want him to tell us how he will fix it.”
Official Hansard

Mr. Speaker, while Canadians suffer, the Prime Minister is silent. He sits back while 112,000 jobs have been lost in the first three months of this year alone. We have the second-highest unemployment and the only recession in the G20. We have an economy that has lost investment in five consecutive quarters, and $20 billion of net investment has fled the country. There is a 32% increase in mortgage delinquencies, and people who cannot make their monthly payments risk losing their homes. Will the Prime Minister stand up in the House of Commons and at least acknowledge that he created this recession so that he can tell us how he is going to reverse the policies so that we can get out of it?

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François-Philippe Champagne

Liberal
“Our budget has brought record investment to Canada, including more spending on equipment and ideas. Government spending is down. Our plan is building the strongest economy in the G7.”

  • Government answer in Question Period

    Relevance 45 of 100

    None of this answer addressed the specific question that was asked.

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  • A repeated line

    “We are going to build the strongest economy in the G7.”

    Said 15 times by 6 members since April 23.

    Every time it was said
Official Hansard

Mr. Speaker, on this side of the House, we have been busy building the strongest economy in the G7. We started with budget 2025, with generational investments in infrastructure, housing, productivity and defence, and the numbers that just came out prove it. In a sense, we have seen a record level of investment in this country. We have seen that investment in machinery and equipment is up. We have seen that investment in intellectual property is up. We have seen that government spending is down. We are going to build the strongest economy in the G7.

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Pierre Poilievre

Conservative

Linked statement

“The government is repeating slogans that are false instead of answering the question. Canada has the only recession in the G7, business investment fell for the fifth quarter in a row, and the deficit doubled.”

  • A repeated line

    “The Prime Minister promised the fastest-growing economy in the G7.”

    Said 10 times by 7 members since April 27.

    Every time it was said
Official Hansard

Mr. Speaker, instead of standing and answering the question, the Liberal Prime Minister has his finance minister not just state slogan after slogan, but slogans that are exactly false. One of their slogans is: The fastest-growing economy in the G7. He has the only recession in the G7. The other slogan is: more investment. Statistics Canada says business capital investment fell 0.7% in the first quarter of 2026, the fifth consecutive quarterly decline. Then he says that government spending is down. He has doubled the deficit. Why is it whenever the Liberals say something is up, it is down?

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François-Philippe Champagne

Liberal
“An international report says Canada will soon have one of the fastest growing economies. We are helping people with living costs, and 12 million Canadians will get support money on June 5. We know how to run a strong economy and help people.”

  • Government answer in Question Period

    Signal 35 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
Official Hansard

Mr. Speaker, I am quite happy to talk about numbers with the Leader of the Opposition. In fact, the OECD came out this morning to say that Canada would have the second-fastest growing economy for 2026-27. More importantly, on this side of the House we are focused on affordability. The good news is that, on June 5, 12 million Canadians will receive support. On this side of the House, we know how to build a strong economy. We know how to build a resilient economy, and we know how to take care of Canadians in their time of need. We will build Canada strong for all.

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