Poilievre calls for emergency debate on recession in letter to Carney
Poilievre says 2 straight quarters of GDP decline and rising insolvencies show a technical recession, while some economists call the drop marginal.
- On Sunday, Conservative Leader Pierre Poilievre published an open letter calling for an emergency parliamentary debate, urging Prime Minister Mark Carney to address Canada's consecutive quarters of GDP contraction.
- Statistics Canada reported the economy contracted for a second straight quarter, with GDP falling 1% in Q4 2025 followed by 0.1% in Q1 2026, meeting the technical recession definition.
- Poilievre cited indicators of financial distress, pointing to an Equifax report showing insolvency volumes up nearly 19% year-over-year and a Daily Bread Food Bank report noting one-tenth of GTA residents currently use a food bank.
- Finance Minister François-Philippe Champagne defended the government's record, stating he remains confident in the economy while highlighting planned generational investments in housing, infrastructure, and innovation.
- Projections suggest the Bank of Canada will likely maintain interest rates for the foreseeable future, as some economists argue recession terminology is premature given the marginal GDP declines.
18 Articles
18 Articles
Conservatives Call for ‘Emergency Recession Debate’
The Conservatives are calling for an emergency debate in Parliament over Canada’s economic outlook after the country entered a technical recession in the first quarter of 2026. Conservative Leader Pierre Poilievre sent a letter to Prime Minister Mark Carney on May 31, urging the prime minister to appear before Parliament and outline his government’s plan to address the economy’s decline. “I am calling for an emergency Parliamentary debate, so th…
On Friday, Statistics Canada indicated that the economy had contracted slightly.
Pierre Poilievre called on Mark Carney on Sunday to initiate an urgent debate in Parliament about the Canadian "recession."
The Toronto Star
Tory leader takes aim at Liberals with call for emergency debate on the economy
OTTAWA - Conservative Leader Pierre Poilievre is stepping up his attack on Liberal policies with a call for an emergency parliamentary debate on the economy.
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