Canada’s economic problems are bigger than a technical recession
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Article Excerpt
Canada’s economic problems are bigger than a technical recession
COMMENTARY
9 JUNE 2026
i
Carney correctly diagnoses Canada’s economic issues—but his Trudeau-like solutions miss the mark
RUDYARD GRIFFITHS AND SEAN SPEER
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Last week, Canadians found themselves in a surprisingly heated debate over whether the country is in a recession.
Some pointed to weak economic data and argued that we already are. Others countered that the economy is still growing, however modestly, and therefore doesn’t meet the technical definition.
The debate misses the bigger issue. Wheth…
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