CBC: Is a technical recession technically a problem for Mark Carney?
5 Articles
5 Articles
The two consecutive negative quarters cannot be seen as a significant decline. If economists are cautious, politicians are less cautious.
Carney, Poilievre Spar in Heated Commons Exchange on Canada’s ‘Technical’ Recession
Prime Minister Mark Carney defended his government’s economic track record in the House of Commons as Conservative Leader Pierre Poilievre pressed for an answer on whether Canada is in a real or “technical” recession. In his response, Carney argued his government is laying the groundwork for an economy that will be “stronger, more resilient, more independent.” He pointed to rising business investment and wage growth despite U.S. tariffs and ongo…
Prime Minister Mark Carney refused to say whether or not Canada was in a recession on Wednesday in Parliament, despite repeated demands from Conservative Party leader Pierre Poilievre.
The recession is not just "technical" for those who have lost their jobs.
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