Madam Speaker, last month, National Bank said, “GDP per capita has fallen by around 4.0% cumulatively since 2022, which is unprecedented outside a recession.” Now the economy is threatened with 25% tariffs, which the Canadian Chamber of Commerce says could shrink Canada's GDP by another 2.6%. The bigger decline in GDP would come from the government's policies, not from potential tariffs. That is because of the tax hikes on investment and income.
When will the government reverse course and start cutting taxes on investment and income to save Canadians from this collapsing economy?