Mr. Speaker, we just heard the bad news that Canada is the only country with two consecutive quarters of negative economic growth. That is the definition of a recession. Again today, we had bad news from the Governor of the Bank of Canada, who said that “the Canadian economy has remained soft and inflation has increased”. He went on to say, “Economic weakness combined with rising inflation is a dilemma” and that the economy was “weak”, a word he used nine times.
Will the Prime Minister reverse the Liberal policies that caused this recession?
