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Conservative Leader Pierre Poilievre says Prime Minister Mark Carney's policies caused Canada's economic contraction, citing two quarters of decline.
Statistics Canada reported that the economy contracted slightly for the second consecutive quarter to start the year, meeting a benchmark some economists consider a technical recession [2]. Conservative Leader Pierre Poilievre has attributed this downturn to Prime Minister Mark Carney’s policies, arguing that Canada is the only G7 nation to face a recession despite shared global pressures [2, 4].
Key takeaways
According to data from Statistics Canada, real gross domestic product fell 0.1 per cent on an annualized basis in the first quarter, following a downwardly revised contraction of one per cent in the fourth quarter of 2025 [4]. This marks the first time Canada has entered a technical recession since the start of the pandemic in 2020 [4]. Poilievre argued
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 5 outlets · Jun 2, 2026 · How we report