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Poilievre says Carney’s policies to blame for Canada dipping into recession territory
Poilievre said rising mortgage delinquencies, food bank use and falling business investment show the downturn is real, not technical.
On Friday, Conservative Leader Pierre Poilievre blamed Prime Minister Mark Carney for Canada's recession during a press conference on Parliament Hill.
Statistics Canada reported a 0.1 per cent decline in real GDP in March, with the economy contracting for two consecutive quarters—a benchmark some economists consider a technical recession.
Poilievre cited rising mortgage delinquency rates and increased food bank usage, pointing to five quarters of falling business investment as evidence of economic strain.
Natural Resources Minister Tim Hodgson dismissed Conservative criticism as 'conspiracy theories,' while Finance Minister Francois Philippe Champagne expressed confidence in the economy.
Poilievre demanded the prime minister return to the House of Commons next week to introduce a bill reversing economic policies, though some analysts suggest rising oil revenues may spur growth.