Mr. Speaker, this morning, we learned that Canada is now the only G7 country in a recession. Our economy contracted both in the last quarter of 2025 and in the first quarter of 2026, which is two straight quarters of negative growth.
This happened because the Liberal Prime Minister raised industrial carbon taxes, kept antidevelopment laws in place and doubled Justin Trudeau's deficits. Every other G7 country faces the same tariffs and global challenges, yet none are in a recession. It is only Canada. The Prime Minister is now the only G7 leader to push his country into recession.
The Conservatives would cut taxes, repeal antidevelopment laws, control spending and restore growth and investment to Canada's economy. It is time for the Liberals to realize their policies have failed and to change course.