Mr. Speaker, the Liberal government over the last 10 years has arguably the worst economic record since 1945. Here is just one set of data points: Overall labour productivity has declined in each and every one of the last four years. I cannot think of any four-year period since 1945 where this has happened. It is in CANSIM table 383-0033. Productivity was $65 per hour in 2021, $64.60 in 2022, $63.50 in 2023 and $63.20 in 2024, last year. It has dropped in each and every one of the last four years since 2020. That is why the Bank of Canada has called it an emergency.
The budget does little to address this productivity emergency. Would the member comment?
