Mr. Speaker, this morning Canadians received deeply troubling news. According to the latest StatsCan data, Canada is now in a recession, with two consecutive quarters of negative growth. That makes Canada the only G7 country in a recession. In a global environment where all G7 nations are facing similar challenges, tariffs, war and global uncertainty, Canada alone has fallen into a recession.
How did we get here? It is because of the 11 years of Liberal policy choices that continue to stifle investment, block productivity and undermine confidence in our economy, choices like hiking the industrial carbon tax, maintaining antidevelopment legislation that discourages major projects and having a deficit that is double the size of Justin Trudeau's.
Canada deserves better than a Liberal recession. We need a change, one that restores competitiveness, creates jobs, unleashes resource development, supports investment and puts affordability first, because Canadians deserve results, not more Liberal excuses.