How does the former governor of the Bank of England define a recession? Let’s check the tape.

This is the kind of decisive response to a recession that only a master economist and crisis manager could give.

Food bank visits have doubled. Parents are working multiple jobs and still can’t afford to put dinner on the table. Families are going into debt just to pay for food and rent. There’s nothing 'technical' about the Carney Liberal recession. Sign to fix it, take off all taxes on groceries, and make food affordable now: conservative.ca/cpc/make-foo…

Sure, Liberals say, Canada is the only G7 country in recession. Sure, two back-to-back quarters of shrinking GDP is the textbook definition of a recession. But, they say, it is just a “technical recession”. A fluke. Everything else is great. So let’s look beyond the back-to-back quarterly decline: Canada’s unemployment is now the 2nd highest in the G7—a third higher than in the U.S.—as Canada lost 112,300 jobs in just three months, leaving 45,800 more Canadians jobless since Carney became Prime Minister. The economy contracted in three of Carney's four quarters in office, something unmatched in the G7, as business investment fell another 0.7% for a fifth straight quarterly decline, and more than $20 billion in net investment fled Canada. Meanwhile, insolvencies hit their highest levels since 2009, up nearly 19%, with 1.5 million Canadians missing debt payments in just three months and mortgage delinquencies rising 32%. Canadian households carry by far the highest debt in the G7, while food bank use continues to surge. 1 in 10 GTA residents are now relying on them and visits are hitting a record 4.1 million last year—up 340% since 2019. Nationwide, food bank demand is up 100% in 7 years. Almost all these measures are worse than when Carney took office and worse than any other G7 country—so blaming world events or tariffs won’t cut it. Stop the excuses. Own it: This is a full-blown Carney Recession.

Holy shit. @globeandmail editorial board: “The fact of the crimes committed against Indigenous children at residential schools over many decades does not automatically validate claims that hundreds of students were dumped into unmarked graves in Kamloops and other residential schools. That is an extraordinary assertion, one that requires proof. That should have been the starting point for the media in May, 2021, when the Tk’emlúps te Secwépemc First Nation first issued a press release announcing the “confirmation of the remains of 215 children of the Kamloops Indian Residential School” through the use of ground-penetrating radar that identified subterranean anomalies. The media, including The Globe and Mail, did not initially scrutinize, much less challenge, that assertion. The initial headlines and stories in the media simply stated as fact that the remains of 215 children had been found. Many of those early stories, including in this newspaper, made reference to “mass graves” (a historically fraught phrase that does not appear in the Tk’emlúps 2021 press release). Perhaps it will be proven, some day, that there are hundreds of unmarked graves at Kamloops. But it was not proven to be true in May, 2021. It is not proven to be true today. …That evolution in language does not erase the initial failure of journalism. The lesson of 2021 should be: assertions about residential schools should be listened to carefully, and then, just as carefully, held up to scrutiny.”

Canada is in a full-blown recession. Canada’s economy shrunk in three of the last four quarters & in the last two consecutive quarters. By any metric, present or historical, that’s a full-blown recession. #cdnpoli

WATCH: Prime Minister @MarkJCarney tells a New York audience that "Canada strong will help make America great again.”

Canadians face food insecurity as 120% of income for some goes to food, rent globalnews.ca/news/11863462/…

Tax cucks

No clue why the 🇺🇸 is irritated with 🇨🇦. 🙄 Yes, the 🇺🇸 has its share of blame in the trade dispute. But isn’t Mark Carney supposed to be the adult in the room? Antagonizing the ally we are existentially tied to is political malpractice. These actions will not bode well for the July 1 deadline. Clip credits: @cbcwatcher @ryangerritsen @MarcNixon24 Inspired by a post by @ezralevant @dsimieritsch

Mark Carney isn't the only one invested in America. The Canadian Pension Plan has substantially increased its asset allocation to the US from 36% to 48%, and trimmed Canada's from 16% to 12%. Both Mark Carney and the CPP are betting on Donald Trump's policies and America's ingenuity 🍿

Ignorant Brookfield employee is the more appropriate characterization..🤔

In 🇲🇽, it took 🇨🇦TC Energy 8 months for the ENTIRE pre-approval phase up to construction kick-off for an LNG pipeline. 8⃣It took Carney 8 months for a carbon pricing deal on an Alberta oil pipeline to tidewater. Glacial. 🚫No other oil producing country is imposing this. It repels private capital. ⏲️FN & B.C. approvals, carbon capture agreement, an investment proponent & many other hurdles are left. And the MPO. 🏛️“Referring to the MPO does not mean the project is approved.” This is a set up for failure wrapped in an announcement candy coating.

I was born in the USSR. Throughout history, the greatest source of misinformation was government financed media. @MarkJCarney will pay them more. The best way to fight online lies is with more & better information. But I guess Online Harms Bill is next. Is that right Pravda? ⬇️

Today, Mark Carney re-announced the same Liberal policies that hiked electricity prices by a third and cut production over the last decade: industrial carbon taxes, the anti-development law, the failed Infrastructure Bank, tax credits that businesses do not use, and, of course, more consultations and talk about doing something someday. More cost, more delays, more of the same. He’s just another Liberal. The Liberal government has made history: they are now the first government ever to preside over a Canadian electricity shortfall. In 2024, for the first time on record, Canada could not produce enough electricity for its own people without U.S. imports. After a decade of Liberals, Canadians are paying 35% more for electricity. Repeating the same grand promises is all an illusion.

Venture capital investment in Canadian growth-stage firms fell to near zero in latest quarter, report says theglobeandmail.com/business…

New investment has dried up. More than $1 trillion in net investment left Canada. More Canadians are starting companies abroad than here at home. A decade of Liberal anti-development laws, building taxes, and red tape are burying Canada's entrepreneurs, and trapping the resources that power our economy. Get this Carney Liberal government out of the way, unblock our resources, and let our workers create wealth: conservative.ca/cpc/support-…

I found out recently that I was deceived by social activists in an elaborate scheme dating back to January. A production group with what I now know has a fake name and fake identities gave me a friendly interview about my book A Day with Sir John A, and about Sir John A Macdonald, back in Feb. They connected me with a fake company called Heritage Figures Canada with a fake website and "hired" me to perform consulting work for them. We had what I now know were fake meetings, fake documents, fake commercial shoot, fake prototype of a Sir John A collectible. Then in a second filmed interview last week, they turned on me, and it was revealed to have all been a setup in order to demonize Sir John A and smear me. It turns out this is a taxpayer-funded CBC and APTN project. There is so much more, I will make a video. They also deceived @FrancesWiddows1

Dumb like Trump Research showed ( common sense) and now the Bank of Canada confirms- the federal government's retaliatory tariffs cost Cdns estimated $3 billion and pushed prices up 6% while doing nothing to advance a trade deal. bankofcanada.ca/2026/05/spar…

In January, February and March, 37,121 Canadians filed for insolvencies — amounting to 17 Canadians filing for insolvencies every hour. globalnews.ca/news/11843496/…