Mark Carney, the economist who said he was the smartest man in the room, has officially become the only G7 leader to take his economy into a recession. While all other G7 countries are facing the same issues with tariffs and global challenges, none have seemed to find themselves in this position.

This news comes after Statistics Canada marked two consecutive quarters in Canada showing negative real GDP growth. An Economic and Social report by Statistics Canada noted that less investment and a decline in productivity growth is the principal reason why Canada is falling behind. They also noted Canada is no longer translating population growth into increases in hours worked at the same pace it has previously. 

Mark Carney's Liberals have increased the industrial carbon tax, maintained anti-development laws, and doubled Justice Trudeaus deficit. Household savings fell to the lowest level in two years, as Canadians pay more for less and some are forced to pay 120 per cent of income just for food and rent. The Liberals promised growth, but business investment has fallen in every quarter of the Carney liberal government, thanks to Liberal taxes, red tape, and uncertainty that are driving investments out. 

Some apologists for the Liberals will try and say this is simply a "technical" recession. There is no such thing - there's nothing technical about having an empty stomach because you can't afford food, because we have the worst food inflation in the G7. There's nothing technical about coming home from work and telling your kids that you no longer have a job and that they're going to have to sell the house because Canada has the second highest unemployment in the G7. This is not technical, it is real, this is a full-blown liberal recession.

Conservatives will cut taxes, anti-development laws, restore affordability for food and housing, and most importantly, retore the hope for Canadians who have been struggling after a decade of failed Liberal economic policies.