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Conservative Party Leader Pierre Poilievre speaks during a press conference on Parliament Hill in Ottawa, on Friday, May 29, 2026. THE CANADIAN PRESS/Spencer Colby

Poilievre says Carney’s policies to blame for Canada dipping into recession territory

May 29, 2026 | 11:14 AM

OTTAWA — Conservative Leader Pierre Poilievre says Prime Minister Mark Carney’s policies are to blame for Canada entering recession territory.

Statistics Canada says the economy contracted slightly for the second quarter in a row to start the year, a benchmark some economists consider a technical recession.

Poilievre says there’s nothing technical about rising rates of mortgage delinquency, increased food bank usage and five quarters of falling business investment.

Finance Minister Francois Philippe Champagne says he remains confident about the Canadian economy.