Mr. Speaker, there has been more bad news from experts. Last week, economists at National Bank released an analysis that said, “GDP per capita has fallen by around 4.0% cumulatively since 2022, which is unprecedented outside a recession”. This is a made-in-Canada, per person, per capita GDP recession caused by a government that has hiked taxes on everything: energy, housing, banks and investment. It is driving out investment and making Canadians poorer.
When will the government admit its mistake and reverse course on tax hikes that are driving out investment, like it has reversed course on so many other issues?