Mr. Speaker, Mexico shares a border with the United States and is as integrated with the U.S. as we are and Mexico is not in a recession. In all of North America, only Canada is in a recession.
Not only that, but since this Liberal Prime Minister took office, he has lost 46,000 jobs, 112,000 in the last three months alone. We have the second-highest unemployment rate in the G7, a third higher than the rate in the U.S. The economy has contracted three of the last four quarters. Over $20 billion of net investment has fled the country. There have been five consecutive quarters of investment dropping. Mortgage delinquencies are up a third at a 17‑year high.
Why are we the only country in a recession?