So it looks like technically Canada is in the midst of a “technical” recession, but, technicalities aside, is a 0.2% drop in growth really that big a deal?

Carney hasn’t said much on the subject, just that this is just a “settling-in period” while his policies take effect. On the other hand, Poilievre seems almost gleeful, saying that it’s a result of a “banker who can’t budget”. Oh, and he’s made a whole attack ad dunking on the technicalities of a technical recession with a little help from generative AI. Is this what politics has come to?

Host: James Nicholson

Credits: Andrea Varsany (Producer), Kallan Lyons (Associate Producer and Fact Checking), Caleb Thompson (Mixing and Mastering), max collins (Director of Audio), Jesse Brown (Editor)

Guest: Douglas Soltys

Additional music by Audio Network

Apply to CANADALAND’s Audio Journalism Fellowship at labs.canadaland.com

Go to canadaland.com/live to find out more about our live show, June 18th at the Halifax Convention Centre!

Further reading:

Sharan Kaur: Why top economists are rejecting the ‘recession’ narrative - CTV News
‘Technical Recession’, the Backstory: Why has the Canadian Economy Flatlined? - Policy Magazine
Carney addresses technical recession, says economy going through 'settling-in' period - CBC News
51st state 'a great discussion' for Trump and Carney, says Hoekstra as president trolls ahead of trade talks - CBC News
Canada Dips Into Technical Recession for First Time Since 2020 - Bloomberg
Canada enters surprise technical recession amid tariff uncertainty - Reuters
Canada is in a ‘technical’ recession. Here’s why economists are pushing back on that label - The Toronto Star
Is a technical recession technically a problem for Mark Carney? - CBC News
FIRST READING: Is the technical recession recession just a technicality, technically? - Yahoo News Canada

Sponsors:

Fizz: Visit fizz.ca and activate a first plan using the referral code CAN40 to get 40$ off and 10GB of free data.

Douglas: Douglas is giving our listeners a FREE Sleep Bundle with each mattress purchase. Get the sheets, pillows, mattress and pillow protectors FREE with your Douglas purchase today. Visit do uglas.ca/canadaland to claim this offer.

Shopify: Sign up for your one-dollar-per-month trial today at Shopify.ca

If you value this podcast, Support us! You’ll get premium access to all our shows ad free, including early releases and bonus content. You’ll also get our exclusive newsletter, discounts on merch at our store, tickets to our live and virtual events, and more than anything, you’ll be a part of the solution to Canada’s journalism crisis, you’ll be keeping our work free and accessible to everybody.

Hosted on Acast. See acast.com/privacy for more information.

Poilievre Trolls Carney With Help From A.I.

CANADALAND

Poilievre Trolls Carney With Help From A.I.