LILLEY: Canada's economy sputtering into recession with Carney at top
Mark Carney told an American business audience in New York on Thursday that he wants to help make America great again.
“Canada Strong will help make America great again,” Carney said to the Economic Club of New York.
LILLEY: Canada's economy sputtering into recession with Carney at top Back to video
It would be better if Mr. Carney were focused on making Canada great again.
On Friday morning, Statistics Canada made it official, the Canadian economy is in a recession.
This isn’t a “technical” recession as some media and politicians are trying to spin it. We’ve had two quarters in a row of the Canadian economy shrinking and in the last year, we’ve seen the economy shrink in three of the four quarters.
Unemployment rate up over last year
Our unemployment rate has gone up over the last year and now sits at 6.9% with about 13,000 more Canadians registered as unemployed compared to last year.........
