Canada slips into recession as economy stalls

[paxamericana]

1 hour ago, BeaverFever said:

The Trump-made global economic disaster and trade war on Canada is OF COURSE going to have negative consequences for Canada  pretending otherwise is foolish as is pretending PP has a magic wand that would solve all our problems and Canada into an economic paradise  

And yet somehow the Americans are faring just fine. You realize what that means? Canada is only insulated so long as it’s tied to the hip with America, leave the American’s warmth and economic doom will follow.

[CdnFox]

1 hour ago, BeaverFever said:

Nation Post is lefties now?  

Globe and mail is. check your post again  LOL

[CdnFox]

21 minutes ago, paxamericana said:

And yet somehow the Americans are faring just fine. You realize what that means? Canada is only insulated so long as it’s tied to the hip with America, leave the American’s warmth and economic doom will follow.

No, we've been much stronger than you and not that long ago. I remember when our dollar was better than yours.

Right now we've got a loser liberal government. But one day that'll change. But you guys are going to be a mess forever

[paxamericana]

10 minutes ago, CdnFox said:

we've been much stronger than you and not that long ago

Let go, stop living in the past, the Harper years was a moment in time, when commodity prices skyrocketed and global consumption was at an all time high. Those days are long gone and will not return until people in the developed world starts having babies again. We are in a post globalization era. The end of globalization as it currently stands. This is the era where America gets to have her cake and eat it to.

Edited Monday at 07:09 PM by paxamericana

[CdnFox]

2 minutes ago, paxamericana said:

Let go, stop living in the past, the Harper years was a moment in time, when commodity prices skyrocketed and global consumption was at an all time high.

well no, it was a time when we had a very well managed and stable economy and the americans screwed their economy over so bad it took most of the rest of the world down with it in a fiery dumpster burn of their own making. 

And that  just goes to show, america is far worse than we are.  Even 10 years of left wing liberal rule hasn't left us THAT bad off   

[CdnFox]

[Moonbox]

1 hour ago, CdnFox said:

Globe and mail is. check your post again  LOL

Maybe you should?  

The first article he posted was:

https://financialpost.com/news/canada-recession-fears-overblown

Whoopsie?  🤡

 

[CdnFox]

 

3 hours ago, Moonbox said:

Maybe you should?  

The first article he posted was:

https://financialpost.com/news/canada-recession-fears-overblown

Whoopsie?  🤡

 

The second article posted was

https://www.theglobeandmail.com/canada/article-weak-economic-numbers-spur-recession-debate-in-ottawa-on-bay-street/

Whoopsie is YOURS little guy  

But my reply is in fact to HIS comments attempting to defend the economic conditions, so neither paper would be relevant.  I quoted his specific 'take' on things not a quote from the paper. 

 

I get it.  You read quickly and thought you had a gotcha moment and jumped in without actually reading or thinking about it.  It's kind of your thing  

 

 

Edited Monday at 11:31 PM by CdnFox

[Moonlight Graham]

12 hours ago, Goddess said:

You're kidding, right?

No. 

The economy is complex.  There's lots of things going on here.  Trump tariffs, Iran oil prices, a significant decrease in international students, and probably some other Liberal policies too.

[Moonbox]

15 hours ago, CdnFox said:

 

The second article posted was

https://www.theglobeandmail.com/canada/article-weak-economic-numbers-spur-recession-debate-in-ottawa-on-bay-street/

Whoopsie is YOURS little guy  

But my reply is in fact to HIS comments attempting to defend the economic conditions, so neither paper would be relevant.  I quoted his specific 'take' on things not a quote from the paper. 

 

I get it.  You read quickly and thought you had a gotcha moment and jumped in without actually reading or thinking about it.  It's kind of your thing  

 

 

The first article was the National Post, downplaying and dismissing the talk of recession. You, as usual, made it about leftists and dismissed it as the spin of "lefists". 

Unless you think the National Post is leftist, something has to give here. What is it?  Is the National Post leftist?

 

[Goddess]

On 6/1/2026 at 1:39 AM, Moonlight Graham said:

Provide evidence this is Carney's/Liberals fault.

This is why I find Libbies disingenuous.

First you demand I provide evidence that Carney/Liberals have a part to play in this - despite literally hundreds of posts showing exactly that.  Now you DO admit it has to do with Liberal policies.

11 hours ago, Moonlight Graham said:

and probably some other Liberal policies too.

Not one person on the right has suggested this is entirely Carney/Liberals.  Not one.

But the fact of the matter is - 11 years of Liberal mismanagement has put us in the position of being VERY vulnerable to everything else you mention.

11 hours ago, Moonlight Graham said:

Trump tariffs, Iran oil prices, a significant decrease in international students,

So you elected, the same party, the same people, the same agenda.  Expecting a different result.  You know that's the definition of insanity, right?

I will give you that Carney sometimes makes the right mouth noises about righting the ship here, but I see very little follow-through.  The majority of what he does is half-measures - just enough to keep people like you hanging on, but not enough to substantially change anything.

I think we all agree that it's going to take time to un-do what the Liberals did to Canada for the last 10 years.  Carney asked for special powers to do that "at speeds never seen before" and he was granted that.  A year ago.  Other countries are pivoting from the Net Zero fantasies - building LNG and nuclear within months.  Carney is still sitting on his power to do that, dawdling on reducing regulation.

The IPCC has recently come out and said, Ya....there is no climate emergency and the trillions of dollars the world has spent on it has achieved nothing but impoverish people and make the filthy rich even richer.

No other country is pursuing climate agenda anymore.  They've all abandoned it.  But Carney makes a metric f*ckton of money off it and Canada is the last place on the planet he can still get away with it.  He claims that the world is going to be lining up for our very expensive, highly taxed, decarbonized energy.  He has nothing to prove that.  And no timeline estimate of when this miracle thought process will occur throughout the world.  In the meantime, Canadians are suffering.  Decline happens gradually and then all of a sudden.  And we are at the "all of a sudden" part.

The climate crisis has been revealed as a hoax.  Right when data centers are the new things, with their need for massive amounts of natural resources and energy.  Yeah.  We noticed.

Canada will miss out on the data center thing, just like we're missing out on the oil boom right now, because we can't let go of the Net Zero fantasy.

The Liberal Party tries to drive the market instead of letting the market drive itself.  They tried with EVs and battery plants.  Billions of dollars went up in smoke.  Now they're trying to force decarbonization, carbon credit system, carbon taxes, carbon border adjustments.  ALL OF THESE THINGS HAVE BEEN REJECTED BY EVERYONE ELSE AND ALL OF THESE THINGS MAKE CARNEY A BILLIONAIRE.

He is not here to save Canada or help Canadians.  He's here to milk the last dollars available for Net Zero in the world, from the last country still stupid enough to buy into it.  He's here for his own agenda and to use our tax dollars to jet around the world, making Brookfield deals and eating luxury airline food.

When it all falls apart, he'll jet off from Canada with his bags of money.  He will likely do that on our dime, too.

 

[Moonbox]

[CdnFox]

6 hours ago, Moonbox said:

The first article was the National Post,

 

But the second article wasn't. And as I pointed out it was the globe and mail and then you came back and tried to claim that it wasn't that it was the national post.

I have since proven that I was correct and that the second article question was in fact from the globe and mail however my quote was of the person and not of either of the articles.

Is this going to be one of those cases again where you spend 10 pages trying desperately to backtrack because you said something kind of stupid and rather than just walking away you choose to Triple down on it ?  

Go back and look sparky. I didn't Quote the national post or the globe and mail. I quoted him and then he came back and tried to make it about the national post. I pointed out that it's just as much about the globe and mail if you're going to argue from that point of view because both were mentioned but that I quoted him.

And yes, he's a leftie  

So at this point you've gone from a simple mistake to looking stupid. I have a side bet going with someone that you're going to double down on stupid and go full retarded because you can't help yourself  

I tried to get someone to bet that this all gets blamed on my post count but nobody was dumb enough to take that one  

Edited yesterday at 10:01 PM by CdnFox

[Moonlight Graham]

6 hours ago, Goddess said:

This is why I find Libbies disingenuous.

I'm not a Liberal. I hate that party with a passion.  Though i hate every single party in this country.  They're all filled with a bunch of ideological nutters.

[BeaverFever]

On 6/1/2026 at 2:53 PM, CdnFox said:

Globe and mail is. check your post again  LOL

LMAO NO NOT EVEN CLOSE

G&M is largely considered Red Tory.

And still the National Post agrees and you called them leftist. 

And they simply reported the consensus if Bay Street economists whi are the ACTUAL experts and doubt the recession label. Hell your article in the OP did too, not that you read it ADHD-boy.

 

So in typical MAGA fashion you have a weak argument and are resorting to ad-hominem attacks amd straw man arguments. 

[eyeball]

12 hours ago, Goddess said:

The IPCC has recently come out and said, Ya....there is no climate emergency and the trillions of dollars the world has spent on it has achieved nothing but impoverish people and make the filthy rich even richer.

LMAO! The IPCC said no such thing whatsoever.

This is pure viral horseshit.

[Barquentine]

14 hours ago, Moonlight Graham said:

I'm not a Liberal. I hate that party with a passion.  Though i hate every single party in this country.  They're all filled with a bunch of ideological nutters.

So you hate all Canadian parties, politicians, and politics? Then why the Phuck are you here posting about it?

[CdnFox]

11 hours ago, BeaverFever said:

LMAO NO NOT EVEN CLOSE

G&M is largely considered Red Tory.

 

Ahhhh.... no.  No the globe and mail is well recognized as being a left of center publication at best. And I'm being somewhat generous. It's not as far left as the star but it is definitely left 

Your problem is you think everyone right of Castro is a far right conservative   

I know I never called the national post leftist. I didn't actually comment on either of them it was you who called the national post leftist

So you called them leftist I didn't mention it, and now you're claiming that I called them leftist.  

Every accusation is a confession with you people isn't it  

[SpankyMcFarland]

Our economy is under attack by our largest trading partner. A recession would hardly be surprising under such peculiar circumstances. 

[Moonbox]

17 hours ago, CdnFox said:

But the second article wasn't. And as I pointed out it was the globe and mail and then you came back and tried to claim that it wasn't that it was the national post.

It doesn't matter muppet.  If the National Post is downplaying the recession talk, and you're dismissing this sort of talk as leftist propaganda, then something has to give.  Either the National Post is leftist, or you're a tool.  🤡👌

An emotional 10 paragraph rant doesn't change this.  

[CdnFox]

1 hour ago, SpankyMcFarland said:

Our economy is under attack by our largest trading partner. A recession would hardly be surprising under such peculiar circumstances. 

We were told we had the best trade deal out of anybody. Carney's said not long ago that we would have the strongest growth in the G7. Connie also said that the IMF claimed Canada was the best position to weather these difficult times.

This is the problem. The idea that we would take a hit given the trade issues it's certainly true, but carney you all of this and as promised repetitively again and again right from the election right up to about 4 days ago just before the announcement of the recession the things were great and that he would be leading us to a fantastic strong economy that was resilient etc etc and that currently we had the best trade deal with the Americans etc etc

Now he won't even take questions

This guy is not in it for the people of our country. He's a snake oil peddler who considers himself a European first who promises the world and delivers mud

So now we have a technical recession brought to you by a technical Canadian

[Legato]

[SpankyMcFarland]

53 minutes ago, Legato said:

Is that surprising, though, given our particular vulnerability to the US and Trump? Any blame for this needs to start with our enemy in the WH who speaks more fondly of Xi than Carney these days. France, Germany and Italy are protected to some extent by being in the EU. 

Edited 2 hours ago by SpankyMcFarland

[Legato]

25 minutes ago, SpankyMcFarland said:

Is that surprising, though, given our particular vulnerability to the US and Trump? Any blame for this needs to start with our enemy in the WH who speaks more fondly of Xi than Carney these days. France, Germany and Italy are protected to some extent by being in the EU. 

Trump has not helped but the rot set in long before him.

The blame lies squarely on the shoulders of Liberal party policy and still does. The Carney has just exacerbated the problem.

[CdnFox]

30 minutes ago, SpankyMcFarland said:

Is that surprising, though, given our particular vulnerability to the US and Trump? Any blame for this needs to start with our enemy in the WH who speaks more fondly of Xi than Carney these days. France, Germany and Italy are protected to some extent by being in the EU. 

Carney insisted we had the best deal in the entire world for tariffs.

He insisted that despite the tariffs in trump we would be the fastest growing country in the G7

He campaigned on build baby build, yet has built nothing.

He literally spent more traveling around the world trying to drum up trade then we got in trade

There is no doubt that the united states trade war hurts us and prevents our country from having a booming economy right now

But yes it's entirely a surprise that we slipped into recession. Especially considering just four days ago carney was going on about how strong and resilient our economy was.

We're in a technical recession brought on by a technical Canadian. That guy is not in it for us