Mr. Speaker, under the Liberal Prime Minister, Canada is the only G20 country to fall into a recession. Just like he manufactured a Liberal majority government, he has now manufactured a full-blown Liberal recession. Instead of building the second-fastest growing economy he promised, he has actually shrunk it. All of this is from the same Prime Minister who described himself as the best person equipped to manage an economic crisis. In any other industry, that alone would call for a performance review.
The Parliamentary Budget Officer just reported that there is only a 1% chance the government will meet and maintain its fiscal anchor of shrinking the deficit.
Canada now has the highest household debt, the worst housing costs and the second-highest unemployment rate in the G7.
Excuses simply do not cut it for children with empty stomachs, moms with empty grocery carts and parents with hollow bank accounts. The Liberals need to admit their policies have failed, reverse course and position Canada for the win. It is time to get Canada back on track.