Mr. Speaker, Canada's economy is on life support and the country is in recession watch.
Bloomberg reports that “per capita GDP is still falling, and the economy is growing at only one per cent annually.” GDP growth in November was 0%, and real GDP is expected to decline 0.1% in the fourth quarter. The news for business is bleak. Businesses are postponing their expansion plans. These numbers matter. When our economy is not growing, Canadians get poorer.
The Liberals want to blame outside forces instead of taking action here at home. The Prime Minister promised the fastest-growing economy in the G7, but has not gotten rid of a single anti-development law or bureaucracy. He only needs to listen to our ideas and introduce a plan that gets his government's barriers and tax burdens out of the way so Canadians can build.