Boullier calls on Carney for an emergency debate in parliament on the economic recession

Ottawa —
Conservative Party leader Pierre Poilievre called on Prime Minister Mark Carney to participate in an emergency debate inside Parliament regarding the Canadian economy entering a technical recession, after recording a contraction in GDP for two consecutive quarters.

In a letter addressed to Carney, Poilievre said that Canada has become, in his words, the only country in the G7 to enter a recession under his leadership, accusing the Liberal government of failing to fulfill its promise to make the Canadian economy the fastest growing among the group countries.

Poilievre refused to blame tariffs or the war in Iran alone for the decline, saying that other G7 countries face the same global conditions but have not entered a recession.

The Conservative leader relied on a set of economic indicators, including the loss of more than 112,000 jobs in the first three months of the year, the rise in unemployment since Carney took office, in addition to the decline in business investment for the fifth consecutive quarter.

He also pointed to the exit of more than 20 billion dollars of net investments from the Canadian economy, the rise in bankruptcy cases to their highest levels since 2009, and the increase in households' delays in paying debts and mortgages.

Poilievre said that the recession is not limited to GDP figures, but appears in the daily cost of living pressure, from the increased use of food banks, to the difficulty in paying mortgages, and the growing concern of families about losing homes or being unable to cover basic needs.

He accused the government of relying on speeches, announcements, and memorandums of understanding instead of presenting a practical plan to stop the economic deterioration, calling on Carney to appear before Parliament and explain his plan to reverse the course of the recession and rising costs.

Poilievre confirmed that the Conservatives will present, during the emergency debate, their vision for economic recovery, considering that there is still time to change course, but it is “running out quickly.”