Madam Speaker, let us imagine I was pulled over by police on the way here this morning, and I said to the officer, “Officer, I know I was technically speeding but it was just a couple kilometres over the speed limit.” I do not think that would work, because a recession is a recession is a recession, and Canada is the only G20 country in a recession. Under the hood of that recession is even more bad news. The parliamentary budget watchdog said that Canada's growth has been downgraded for both 2026 and 2027. The best case is now effective stagnation.
Why is Canada the only country in a recession?