Canada slips into recession as economy stalls

[WestCanMan]

1 hour ago, BeaverFever said:

No you are the one who said PP had “magic” ideas not me  

Unlike Carney, who has had CBC doing yeoman work for him his whole political life, PP has faced nothing but slander and attacks from them and teh rest of the MSM. Still, he dominates CTV, CBC and Global reporters every day, and leaves LPoC grifters floating in his wake.

PP never would have rolled over in the WH for Trump and Vance like Carney did. Being down 2 v 1 is like a day off for him. 

Putting Carney in his place was no big deal for Trump, but he would never have his way with PP like that.

Canada is paying the price for weak, disloyal leadership again, and it's always costing Canadians bigtime.

[CdnFox]

2 hours ago, BeaverFever said:

No you are the one who said PP had “magic” ideas not me

Actually you were the one who brought up 'magic'. 

Don't be such a child. You're embarrassing yourself.   The bottom line is that PP has some solid ways to turn the economy around fairly quickly, despite your claims he doesn't.  I realize that hurts your feelings but do try to be an adult and cope.

Quote

 I am the one who told YOU there is no such thing as magic 

And you're wrong, there absolutely is a thing as magic.  People make entire careers out of it.

professional magicians - Google Search

However, the point being that PP has solutions that would be so effective they would appear to be 'magic' to the likes of you or compared to carney. Sure, there's a lot going on behind the scenes the audience doesn't see but you get the result. 

Do you know what the difference is between a magician and a con man? The magician actually produces a result.   

Quote

They didn’t steal any ideas  

They certainly did!!  But unfortunately the problem is they didn't steal the skill to actually do them. 

Quote

It was the conservatives who stole from the Liberals

BWAAHHAHAHAA!!!  Sure kid, and it was the jews who killed the nazis   

Quote

You will recall it was the conservatives platform that came out weeks AFTER  the liberals once they realized their negative campaign of “Just like Justin” wasn’t working and they needed to actually come up with some real ideas and it was THEY who ripped off the liberals.  Yes Carney ended or adjusted some unpopular/ unsuccessful Trudeau policies but that is not “stealing” conservative ideas 

Absolutely not what happened kiddo.  Carney stole numerous conservative ideas day one and literally everyone pointed that out.  The conservatives said they wouldn't give him any more till he released his own platform so he couldn't steal more of them  

And in fact trudeau was famous for doing the same thing. Wait till the conservatives release a platform, take all their ideas and just say the same thing with slightly more spending. 

Quote

The May numbers are out and your claims have been debunked. 

My claims?  What.... you mean the claims of statcan and the bank of canada saying we're in a recession? LOLOL  holy shit kid  

And may woudn't change that.  Recessions are QUARTERS of negative growth. Not months of negative growth.  If May-June-July all add up to a positive number the recession will have ended (for now) and if they come back negative then we're still in one.   You really don't understand how any of this works do you  

Anyway, i can hear the utter desperation in your posts.  It must be hard for you to know Carney is failing after you spent so much time pumping him up. 

[WestCanMan]

Leftists can't even admit when there's inflation or a fiery protest wasn't peaceful... getting them to admit to a recession is like herding coked-up tigers.  

Edited June 5 by WestCanMan

[CdnFox]

8 hours ago, WestCanMan said:

Questions to which CBC will say "Pish posh."

He's only a TECHNICAL parliamentary budget officer....

[CdnFox]

Carney's latest business idea isn't wow ing anyone apperently:

Canadians aren't happy about new AI plan from Carney | Daily Hive | National

[WestCanMan]

Our economy is so bad that the Libs had to extend EI by 20 weeks... it's up to 65 weeks now. 

1.25 years for EI 😂

 

[Goddess]

 

 

[paxamericana]

5 hours ago, Goddess said:

 

 

Canada is making recession great again

[BeaverFever]

On 6/5/2026 at 11:54 AM, CdnFox said:

Actually you were the one who brought up 'magic'. 

Don't be such a child. You're embarrassing yourself.   The bottom line is that PP has some solid ways to turn the economy around fairly quickly, despite your claims he doesn't.  I realize that hurts your feelings but do try to be an adult and cope.

I said PO Doesn’t have magical answers and you said yea he does. LOL  And no he doesn’t have “solid ways” to turn the economy around quickly. Of course he claims he does like all politicians but his ideas aren’t that original and aren’t any more certain to produce results more than anyone else’s and he has neither the education nor the work experience for anyone to believe his ideas have any credibility. 
 

On 6/5/2026 at 11:54 AM, CdnFox said:

Do you know what the difference is between a magician and a con man? The magician actually produces a result.   

LMAO PP has never produced a single result in his entire adult life!  Like literally He’s never had a real job or real responsibilities….other than last year when he had ONE JOB to not blow a 20+ point election lead, which he FAILED SPECTACULARLY.

 

On 6/5/2026 at 11:54 AM, CdnFox said:

BWAAHHAHAHAA!!!  Sure kid, and it was the jews who killed the nazis   

That’s the opposite of reality like what you’re claiming.  . You can’t deny the FACTS that PP’s platform came out AFTER Carney that’s just a fact. And that’s because his campaign had totally ignored Trump and was just a broken record of “just like Justinl”

 

On 6/5/2026 at 11:54 AM, CdnFox said:

Absolutely not what happened kiddo.  Carney stole numerous conservative ideas day one and literally everyone pointed that out.  The conservatives said they wouldn't give him any more till he released his own platform so he couldn't steal more of them  

And in fact trudeau was famous for doing the same thing. Wait till the conservatives release a platform, take all their ideas and just say the same thing with slightly more spending. 

LMAO FAKE NEWS ON BOTH COUNTS 

You the one who hilariously just claimed on another thread you back up your claims with evidence so go show some proof. PP only released his platform 6 DAYS before the election. 6 DAYS!!!  
 

And how can you say lefty Trudeau stole conservative ideas that’s hilarious like what exactly????   NDP maybe but there’s miles of daylight between Trudeau and conservatives. Your BS reminds of those people who nervously blurt out stupid things and a party except those people are usually embarrassed afterwards whereas you have absolutely no shame lLOL. 

 

On 6/5/2026 at 11:54 AM, CdnFox said:

My claims?  What.... you mean the claims of statcan and the bank of canada saying we're in a recession? LOLOL  holy shit kid  

Statcan only reports the numbers the commentary that we are all going to die is all yours.  Holy shit kid

 

On 6/5/2026 at 11:54 AM, CdnFox said:

And may woudn't change that.  Recessions are QUARTERS of negative growth. Not months of negative growth.  If May-June-July all add up to a positive number the recession will have ended (for now) and if they come back negative then we're still in one.   You really don't understand how any of this works do you

I understand fine clearly and the explanation has been posted here multiple times including in the right-wing National Post.  But as usual you just ignore and delete from memory any inconvenient information.  
 

Specifically the inconvenient news you’re ignoring is that the previous quarters weren’t consistently negative they were up and down and flat and mostly ended up negative because of the 1 month in each quarter. It also said negative growth of 0.1% can easily end up revised into flat or even positive growth once final numbers come in. It also said there’s no formal definition of recession and economists consider the depth and duration of negative growth before deciding ther is one.  As usual you ignore all the facts 

 

I still find it hilarious that won’t blame Bush for the massive recession he caused or Harper when it spilled into. Canada or the COVID crisis that started under Trump’s first term or the crisis that Trump is causing now. For all of those you republitards are like “oh hey shit just happens the government doesn’t control the economy these things just happen like bad weather you just have to wait them out“

 

But then when Obama inherited Bush’s recession, Biden inherited the COVID and supply chain crisis which spilled over to Trudeau, and when Carney is enduring Trump’s dual economic crises suddenly you’re like “they’re in charge!  It’s their job to come up with solution and they’re failing!  They caused it or they should have some how figured out a way to immediately stop it! It’s all their fault”

 

Its the same hypocrisy you people pull with Bush’s failed war in Iraq and the global wave of terrorism he unleashed. His years of constant failure, deaths and false promises of victory meant nothing to you until Obama took office and then all of a sudden every day you people screamed that the the president has blood on his hands  for not immediately winning the war and ending terrorism   
 

Your just partisan internet trolls who can’t discuss issues honestly. 

[CdnFox]

2 hours ago, BeaverFever said:

I said PO Doesn’t have magical answers

You mean you brought it up exactly the way I said you did. And then freaked out when I answered that yeah he does have magical answers. I assumed you were being somewhat rhetorical and didn't actually think that magic existed but now I realize that you're just that self delusional

 

As to the rest yes he does have absolutely solid ideas how to resolve the issues and turn the economy around. He's not vague about it. I listed a bunch of really good ones

. He's produced many results in his life and has had a successful career in the government. Which mark carney cannot claim

And I can absolutely prove that Mark Carney's promises and platform were built largely on promises and ideas that poilievre had already made and everybody has commented on this. Is beyond childish that you are attempting to claim otherwise

And I'm happy to provide evidence and proof

Did Carney steal conservative ideas for his election - Google Search

While the Liberals argue that Carney is simply steering the party back to a pragmatist, "political centre", critics point out several major conservative policy planks that Carney adopted or adapted: [1, 2]

 

1. Housing and GST Cuts

Poilievre pledged to eliminate the GST on new home builds under $1 million. Carney subsequently introduced an identical platform policy to cut the GST for first-time homebuyers on new or heavily renovated homes under $1 million, drawing direct accusations of platform theft. [1]

 

2. Immigration Restraints

Under Justin Trudeau, the Liberals oversaw historic peaks in immigration. Poilievre repeatedly criticized these targets as unsustainable. During his leadership bid and subsequent election push, Carney broke from his predecessor by publicly conceding that immigration levels had gotten out of control, later introducing the Safe Borders Act to scale them back. [1, 2]

 

3. Capital Gains and Middle-Class Taxation [1]

Following aggressive Conservative pushback against Trudeau-era capital gains tax hikes, Carney's Liberals moved to scrap those very increases. Carney also admitted the federal government had overtaxed the middle class, adjusting his economic platform toward middle-class tax relief—a narrative long dominated by Poilievre. [1, 2]

 

4. Natural Resources and Pipelines

Carney shifted the Liberal approach on resource development closer to the Conservative stance. When former Greenpeace activist and Liberal minister Steven Guilbeault spoke out against constructing new pipelines, Carney publicly overruled him, explicitly stating his administration would support pipeline creation. [1, 2]

 

5. Fiscal Deficits and Spending [1]

Carney openly criticized the "lost decade" of his own party's past rule, agreeing with Tory talking points that runaway federal spending, bloated civil servant hiring, and heavy deficits had severely weakened the domestic economy. [1, 2]

 

OOOOPSIE!!!! YOU WERE WRONG AGAIN YOU LYING FREAK   

LOL I always provide proof, you always lie, and then always accuse me of lying. Pathetic 

 

And yeah trudeau takes the platforms from the conservatives and simply says the same thing but more. 

For example he waited till Erin put out his platform and then took the housing numbers and added 200 million to it, took the other spending and just added some money to it, it was very blatant. The media called it 'overlap'  

 

As to the recession, you don't understand at all. We are in a recession and that's just the way it is. It's like a technical pregnancy or a technical break and enter. Putting the word technical in front of it doesn't change it

 

Some economists having to gated that they believe it's probably going to be shallow and short and that's great but they follow up by saying even if we recover from a recession we're going to be at miserably low growth rates far below other countries and far below what we should be

 

So your entire argument is that we shouldn't say that we're doing terrible we should just say that we're doing really bad. There is nobody who isn't partisan who is suggesting we're doing well. At best they might say there are a few positive indicators that suggest things aren't completely crashing

 

You've embarrassed yourself again.

 

 

 

 

Edited June 11 by CdnFox

[SpankyMcFarland]

If the Tories are so concerned about a recession, maybe they could hire Canadian actors to talk about it rather than posting AI slop? And enlarge the AI disclaimer, guys. 

https://rachelgilmore.substack.com/p/ai-slop-ads-have-entered-canadas

 

 

[CdnFox]

6 hours ago, SpankyMcFarland said:

If the Tories are so concerned about a recession, maybe they could hire Canadian actors to talk about it rather than posting AI slop? And enlarge the AI disclaimer, guys. 

https://rachelgilmore.substack.com/p/ai-slop-ads-have-entered-canadas

 

 

So you can't make an argument against the message so instead you're going to criticize their ad making techniques

Very liberal of you.

"IT DOESN'T MATTER THAT PEOPLE ARE STARVING! IT DOESN'T MATTER THAT WE'RE IN RECESSION! IT DOESN'T MATTER THAT WE'RE: DEEPER IN DEBT THAN IN OUR ENTIRE HISTORY COMBINED! WHAT REALLY MATTERS HERE IS THAT AD!!!!!!!!

Honestly what the hell is wrong with you guys?

[SpankyMcFarland]

18 minutes ago, CdnFox said:

So you can't make an argument against the message so instead you're going to criticize their ad making techniques

Very liberal of you.

"IT DOESN'T MATTER THAT PEOPLE ARE STARVING! IT DOESN'T MATTER THAT WE'RE IN RECESSION! IT DOESN'T MATTER THAT WE'RE: DEEPER IN DEBT THAN IN OUR ENTIRE HISTORY COMBINED! WHAT REALLY MATTERS HERE IS THAT AD!!!!!!!!

Honestly what the hell is wrong with you guys?

Yes, I am going to criticize their ad making techniques because I find them worthy of note - a Canadian political AI ad about a recession and job losses here that uses an American company. There are multiple ironies there that should be obvious to anybody. 

[CdnFox]

6 minutes ago, SpankyMcFarland said:

Yes, I am going to criticize their ad making techniques because I find them worthy of note

Sounds more like you find it a worthy distraction from actually addressing the issue.

As I noted, very liberal

[LinkSoul60]

5 hours ago, CdnFox said:

"IT DOESN'T MATTER THAT PEOPLE ARE STARVING! IT DOESN'T MATTER THAT WE'RE IN RECESSION! IT DOESN'T MATTER THAT WE'RE: DEEPER IN DEBT THAN IN OUR ENTIRE HISTORY COMBINED! WHAT REALLY MATTERS HERE IS THAT AD!!!!!!!!

 

A little too dramatic, don't you think...   We had ~3.5% more of our population living below the poverty line and trying to make ends meet when Harper was voted out than we do today so like always, this will correct itself.  RBC refers to our economy as 'bruised, not broken' with unemployment still too high, our population decline limiting the rate of growth, underperforming sectors that have been targeted with high tariffs, and the higher costs of fuel.   On a per person basis our economy is actually growing, not declining.  A recession and people starving on the streets sounds way better to Conservatives though.

 

[CdnFox]

24 minutes ago, LinkSoul60 said:

A little too dramatic, don't you think...  

 

Not really. Obviously the tone was intended to be somewhat comedic but that's basically what was happening

Quote

We had ~3.5% more of our population living below the poverty line and trying to make ends meet when Harper was voted out than we do today so like always, this will correct itself.  

Yeah that's because Trudeau redefined what poverty was specifically so it looked like he had resolved the issue. Like he literally went and changed how we defined poverty. When you look at what poverty is under harper it's not what poverty is now or under Justin

Let me give you some short takes on this which have already been posted and proven in the two or three threads going about this stuff. We have the largest number of personal insolvencies going back all the way to the 2009 crisis. When your move gold from the equation our trade surplus is actually down again. Unemployment is high and it looks like it will be growing. We are literally in a recession, that's a thing. When we get out of recession our growth is expected to be infinitesimally small and far smaller than some of the other countries around us in the G7.

For 5 straight quarters and well  on our way to a 6th, that's quarters not months but quarters, business investment has fled Canada. That predates trump

25% of Canadians used the food bank at least once last year.

At our current rate we're basically borrowing the entire amount borrowed by every prime minister in history combined up to the day that Justin was elected every 4 or 5 years. The budget officer is already sounding warnings that we are coming to the end of our ability to do that and that there will be serious consequences. And Carney is going to miss his targets for this year as far as the deficit goes, apparently.

 

And that's just scratching the surface. And there's the fact that it does not look great for us getting a decent deal but he promised with the united states. And on top of it he spent more money traveling around the world last year and he brought in in new investments entirely.

Unless you really make an effort to cherry pick there is very little good news out there economically. Most of it is absolutely terrible.

Now sure, we can put a fair bit of that at trump's feet. A lot of our problems stem from him and his tariffs. But carney said he could manage that, and all he's done is gone massively massively into debt and he isn't managing it at all.

Now this is nothing to be happy about for conservatives. Honestly if there was one thing I would have been entirely at peace with being wrong about when it comes to Carney it would have been this, I would have well preferred that he actually surprised me and did better with the economy than I expected

But he's a banker. He's never worked a day in politics in his life. And right now we're getting clobbered while he's flying around eating $3,000 a plate meals. You know his expenses last year just for airline food we're enough to feed a family of four for 55 years. But we're making sacrifices

 

So unfortunately I just don't see it as being hyperbolic at all

 

 

 

[LinkSoul60]

2 minutes ago, CdnFox said:

Not really. Obviously the tone was intended to be somewhat comedic but that's basically what was happening

Yeah that's because Trudeau redefined what poverty was specifically so it looked like he had resolved the issue. Like he literally went and changed how we defined poverty. When you look at what poverty is under harper it's not what poverty is now or under Justin

Let me give you some short takes on this which have already been posted and proven in the two or three threads going about this stuff. We have the largest number of personal insolvencies going back all the way to the 2009 crisis. When your move gold from the equation our trade surplus is actually down again. Unemployment is high and it looks like it will be growing. We are literally in a recession, that's a thing. When we get out of recession our growth is expected to be infinitesimally small and far smaller than some of the other countries around us in the G7.

For 5 straight quarters and well  on our way to a 6th, that's quarters not months but quarters, business investment has fled Canada. That predates trump

25% of Canadians used the food bank at least once last year.

At our current rate we're basically borrowing the entire amount borrowed by every prime minister in history combined up to the day that Justin was elected every 4 or 5 years. The budget officer is already sounding warnings that we are coming to the end of our ability to do that and that there will be serious consequences. And Carney is going to miss his targets for this year as far as the deficit goes, apparently.

 

And that's just scratching the surface. And there's the fact that it does not look great for us getting a decent deal but he promised with the united states. And on top of it he spent more money traveling around the world last year and he brought in in new investments entirely.

Unless you really make an effort to cherry pick there is very little good news out there economically. Most of it is absolutely terrible.

Now sure, we can put a fair bit of that at trump's feet. A lot of our problems stem from him and his tariffs. But carney said he could manage that, and all he's done is gone massively massively into debt and he isn't managing it at all.

Now this is nothing to be happy about for conservatives. Honestly if there was one thing I would have been entirely at peace with being wrong about when it comes to Carney it would have been this, I would have well preferred that he actually surprised me and did better with the economy than I expected

But he's a banker. He's never worked a day in politics in his life. And right now we're getting clobbered while he's flying around eating $3,000 a plate meals. You know his expenses last year just for airline food we're enough to feed a family of four for 55 years. But we're making sacrifices

 

So unfortunately I just don't see it as being hyperbolic at all

 

 

 

Rather than all that... just read what economists say about this so-called 'recession'.

Your entire purpose out here is be hyperbolic of liberal 'failures' and anything left.  

 

[CdnFox]

1 hour ago, LinkSoul60 said:

Rather than all that... just read what economists say about this so-called 'recession'.

 

What the economist say is not good. 

Canada's economy is in a prolonged period of subdued growth. Statistics Canada reports that real gross domestic product (GDP) recorded consecutive minor contractions. While the economy fits the technical definition of a recession, central bank officials and economists characterize the current state as weak, stagnant, and fragile, rather than a severe downturn. [1, 2, 3, 4, 5]

Ohhhh so we're ONLY weak, stagnant and fragile!!!!  AAAAHHHHHHHH well that's great then isn't it.   

So what's your basically saying is don't look at the facts, try and see if there's a way you can lie to yourself

Our economy is poor and doing poorer all the time. The only thing that's going to save carne from a third quarter of recession is that now oil prices should go down gas prices will go with it which will help a little. But even then we're going to be doing horribly hovering barely above a recession

And every other thing I said was true as well

How can you sell out Canada like this? There is absolutely no doubt that we are doing badly and that we have done more since carney took over. Every metric points to that. But rather than stand up for Canadians you want to defend this loser.

Honestly you're just a fanatic