Mr. Speaker, Mexico also shares a border with the United States and is also facing a trade war but it is not in a recession. In North America, only Canada is in recession.
That is not all. Mortgage delinquencies are up a third compared to last year and are at a 17‑year high. In addition, Canadian households are the most indebted in the G7. Today, Food Banks Canada published a report in which it gave Canada a failing grade, stating that a quarter of Canadians are food insecure.
Why is Canada the only country in a recession?